A 17th century Florentine picture panel has sold with outstanding results in Bonhams' Fine European Furniture auction, which was held on July 4 in London.
The panel was created using stone marquetry and most probably originates from the Grand Ducal workshops in Florence. It realised an impressive £157,250 ($233,938), achieving a 424.1% increase on its £25,000 high estimate.
The panel sold with a later English table, into which it was once set.
Depicting a coastal scene, the panel's composition and use of stones relates closely to a group of panels attributed to Baccio Capelli, who was a leading artist in the Grand Ducal workshops and whose work is now housed in the Museo dell'Opficio delle Pietre Dure.
On July 4, a late-renaissance period marble tabletop sold for £962,500 ($1.5m) at Sotheby's. It was thought to have been commissioned by the prominent Della-Rovere family.
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