Possible Caravaggio Is Withdrawn From Auction; Spain Announces Export Ban
The suggested starting bid for the painting was set at around $1,800, but if it is really the work of the Baroque master, it could be worth millions.
The painting was cataloged as from the “circle” of the 17th-century Spanish painter José de Ribera, but some dealers and scholars believe it is a Caravaggio.Credit.via Marco Voena
By Scott Reyburn
April 8, 2021
They call it a “sleeper”: With a starting price of just $1,800, a potentially undervalued old master painting was pulled from auction and is now thought to be worth millions.
The Globe and Mail Sydnia Yu Published April 19, 2021
3 Sussex Dr., Toronto
Previous asking price history: $7,499,000 (August, 2020)
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Previous selling price: $950,000 (October, 1989)
Taxes: $31,604 (2020)
Listing agents: Niels and Evan Christensen, Harvey Kalles Real Estate Ltd.
The action
Harvey Kalles Real Estate Ltd.
This three-bedroom house on a 140- by 98-foot lakefront site was put up for sale last summer but fetched only lowball bids, prompting a price adjustment late in the year. The pace of in-person visits picked up until an acceptable bid was submitted in February.
“I was surprised by the number of physical showings we had – about 15 or 16,” said agent Niels Christensen.
Mercury, PowAR up the ante for Tilt to $8.10 a share
17 Apr, 2021 02:24 AM
2 minutes to read
Tilt Renewables Tararua wind farm. Since its largest shareholder announced a strategic review of its investment in December, the company has been readying itself for offers. Photo / SUPPLIED
Tilt Renewables Tararua wind farm. Since its largest shareholder announced a strategic review of its investment in December, the company has been readying itself for offers. Photo / SUPPLIED
Mercury NZ and infrastructure investor Powering Australian Renewables (PowAR) have lifted their offer for Tilt Renewables to $8.10 a share from $7.80 in response to a reported Canadian bid.
Separately, Tilt s majority shareholder Infratil said it supported the offer, which values its stake at $2 billion.
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