Drawing bought for $30 is actually worth $50 million

by AryanArtnews
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Had Clifford Sholler not been late for his friend’s retirement party, he wouldn’t have come across a painting of a 500-year-old masterpiece full of art.

The work “Madonna and Child Blooming on a Grassy Bank” by Renaissance star Albrecht Durer is expected to make Sholler, an entrepreneur from Boston, a very wealthy man.

“We believe it’s worth a record price,” a 55-year-old told the post. “This is estimated to be at least $ 50 million.”

His wild ride began in 2019 when he was driving a 2012 Prius on Interstate 495 on his way to New Haven, Connecticut. There, Amy Meyers, director of the Yale Center for British Art, had a retirement party.

“I forgot my gift,” Scholer said. “At 5:05 pm, I thought nothing was open.”

This unpublished pen and black ink drawing by Albrecht Durer was recently rediscovered.
A work of art may be worth up to $ 50 million.
A work of art may be worth up to $ 50 million.
Agnews Gallery, London

So he turned to Google and came across Brenard Phillipsson, a rare book dealer who sold titles from his home. Schorer got off the freeway, won William Blake’s poetry collection, and hurried back to his car when Philbrook asked if he knew anything about art.

In fact, Schorer, who buys and sells poor companies, also collects art and was once the president of the Worcester Art Museum.

“Then Brenard told me that his friend had a picture of Albrecht Durer,” he recalled. “I said no. He doesn’t have a painting. He’s sculpting. There is no unknown, privately owned drawing by Durer.”

Scholaer was informed about Durer's paintings, but did not believe it because there are so few.
When Clifford Sholler was informed about Durer’s paintings, he didn’t believe it because it was almost non-existent. Now he is then standing to get rich.

Most of Durer’s work never hits the open market. Only a handful of his paintings have been on sale since 1978, when watercolors were sold for about $ 1.3 million at Sotheby’s in London.

Schorer said Brainerd could give his friend his number. “11 days later, I received the text of an image like a typical print of Madonna and a kid, but it was so crazy that I couldn’t see much. Then I got a higher resolution image. I was stunned when I put it in. “

He had to look at it directly. The man with the painting, which remained anonymous, happened to live a mile away.

Durer died in 1528 and was a German painter, printmaker, and German Renaissance theorist.
Durer died in 1528.
Getty Images

Ten minutes later, Scholer was in a house that described “a modest house that needed repair work and had a car on the driveway that needed service.” Once inside, he remembered. “I sat at his supper, looked at the picture, and was silent. He asked me if he was okay, then went into the next room and saw the” American Pickers. ” “

A few minutes later, the man came back and asked Sholar what he thought.

“I said,’This is either a masterpiece or the biggest scam in the world.'”

A man who lived a modest life buying and selling second-hand goods in Concord, Massachusetts, got the painting for $ 30. “I think it’s religious and I respected religious parables,” he explained.

The sale took place in 2016 after the death of architect Jean-Paul Kalihan. According to the Boston Herald, Kalihan inherited his work from his grandfather, who bought it in Paris in 1919. The family’s husband told Post that he “did not remember seeing him hanging” at Kalihan’s house. This makes sense because his survivors believed it was a nearly worthless replica.

Like Kalihan’s heirs, the buyer had no idea what the painting was worth. In fact, he used to sell most of his work to anyone who just wanted it for that frame.

Parent Jane McColand was responsible for cleaning and certifying the drawings.
Parent Jane McColand was responsible for cleaning and certifying the drawings.

Schorer saw more than that.While inspecting the work, he said, “I lived on electricity … and went out with my limbs. [the seller] Unconditionally $ 100,000.

“My own belief was my own stupidity. If it weren’t for Durer’s painting, it would be worth thousands of dollars,” he added. “But three days later, I was on a plane to London. [coach] The seat next to me was vacant and I put a picture on it. “

Upon entering the city, he is one of the world’s most respected paper savers, Jane McCourse, who has preserved the works of artists such as Leonardo da Vinci and William Turner in the Royal Library of Windsor Castle. I took care of Rand.

About three weeks later, he was evaluated by email. The subject line contained everything he needed to know. “The news is bad …”

According to McAusland, the work appeared to be artificially aged and was quickly disqualified as a legitimate work of the 1500s.

“Initially, I thought it was right,” McCordsland told the post. “Then I noticed a fake fox mark [signs of aging] Was drawn in.Made in the 19th century because no one believed in the painting [supposed] Year. It made me think it was a fake. In addition, there was the latest glue on the back of the paper. That didn’t help either. I overturned my original belief. “

But Schorer wouldn’t give up because of his $ 100,000 investment or his pride.

The quality and watermarks of the paper helped McCordsland declare this painting as Durer's original.
The quality and watermarks of the paper helped McCordsland declare this painting original by Durer.

“I was deeply concerned. [being wrong and paying all that money] It would have been an insane, “he said, adding that he asked McCorsland to review it again. “I wanted her to clean all the linings and send a beam of light to the drawing to see if it was watermarked.”

After all, “There is a watermark known only to Albrecht Durer’s paintings. It’s a Trident with a ring next to it. This is Jacob Huger, the wealthiest man ever to live. It is a symbol. He dominated the production of copper and linen in addition to most of the European economy and was a financial supporter of the Pope, “said Scholar. “He wrote a dissertation for his court artist, Albrecht.”

McAusland has agreed to clean the glue. “Then I saw the correct lines drawn on the paper and confirmed that it could be from the 16th century. I shined a light and it was: have a ring Trident. I immediately called Cliff to give the news. He almost dropped the phone. “

This drawing is currently on display at the Agnews Gallery in London.
This drawing is currently on display at the Agnews Gallery in London.

For the past few years, his work has been on a worldwide tour and has been exhibited at the Albertina Museum in Vienna and the Agnews Gallery in London. Next month, the work will arrive in Manhattan and will be on display at the Kornagi Gallery from January 21st.

As for the original discoverer, like him and everything else related to this work of art, his final financial consequences remain a mystery. Schorer did not disclose the terms of the deal, but described the original payment as a $ 100,000 “prepayment” and considered the deal an “interesting transaction.”

At some point, Sholler will sell Durer. I don’t know when that will happen, but “the world of art is moving slowly,” Scholer said. “If you want to sell it in a particular year, you’ll be out of luck” — he expects it to land in a museum or with a wealthy collector. “This is a discovery of my life,” he said. “No matter where it ends up, I would love to visit it.”


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