Racehorse painting - from £12,600 to £20m in 50 years

AFTER A WEEK dominated by spectacular prices for modern and contemporary art in London, the emphasis shifts to more traditional…

AFTER A WEEK dominated by spectacular prices for modern and contemporary art in London, the emphasis shifts to more traditional tastes. On Tuesday, Christie’s will auction what it says is one of the most valuable Old Master paintings ever offered at auction and, given the subject, there is likely to be Irish interest.

Gimcrack on Newmarket Heath, with a Trainer, a Stable-Lad, and a Jockeyby George Stubbs (1724-1806) is considered to be one of the greatest-ever sporting paintings.

It portrays Gimcrack – a popular 18th century racehorse – and is expected to fetch in excess of £20 million (€22 million).

The painting was executed in 1765 having been commissioned by the horse’s owner, Frederick St John, 2nd Viscount Bolingbroke, who led an extravagant lifestyle pursuing his main interests of racing and gambling.

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The painting was last sold – for just £12,600 (€13,911) – in 1951.

It is being offered for sale from the Woolavington Collection, a private collection of sporting art formed by Lord Woolavington, a whisky magnate, philanthropist, and successful racehorse owner.

- MP

Michael Parsons

Michael Parsons

Michael Parsons is a contributor to The Irish Times writing about fine art and antiques