AMSTERDAM, Netherlands - The auction house thought the portrait was a 17th century Rembrandt knockoff, and valued it at just $3,100. But the British buyer who paid about 1,500 times more than that apparently knew what he was doing.
Experts have confirmed "Rembrandt Laughing" — bought for a bargain price of $4.5 million at an English auction house in October — is a by the Dutch master himself, depicted with his head tilted back in easygoing laughter.
William Noortman from Noortman Master Paintings, specializing in Dutch and Flemish masters, said it's worth $30 million to $40 million, adding: "I'm very surprised it didn't make more at auction."
- Associated Press
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