Raphael's Lorenzo £18m

It's all art sales lately. Today, Christie's in London auctioned Raphael's Portrait of Lorenzo de' Medici for £18m ($37.3m). When it was last sold, nearly 40 years ago, it wasn't thought to be a Raphael. So it went for a mere $325. Now it is accepted as genuine. What a difference a name makes! I published a larger version of this painting in May, when the auction was announced (CLICK).