Wednesday - October 14, 2009

One helluva ROI

A portrait of a young woman thought to be created by a 19th century German artist and sold two years ago for about $19,000 is now being attributed by art experts to Leonardo da Vinci and valued at more than $150 million.

The unsigned chalk, ink and pencil drawing, known as “La Bella Principessa,” was matched to Leonardo via a technique more suited to a crime lab than an art studio — a fingerprint and palm print found on the 13 1/2-inch-by-10-inch work.

Peter Paul Biro, a Montreal-based forensic art expert, said the print of an index or middle finger matched a fingerprint found on Leonardo’s “St. Jerome” in the Vatican.

Technical, stylistic and material composition evidence — including carbon dating — had art experts believing as early as last year that they had found another work by the creator of the “Mona Lisa.”

The discovery of the fingerprint has them convinced the work was by Leonardo, whose myth and mystery already put him at the center of such best-sellers as “The Da Vinci Code” and “The Lost Symbol.”

Biro examined multispectral images of the drawing taken by the Luminere Technology laboratory in Paris, which used a special digital scanner to show successive layers of the work.

“Leonardo used his hands liberally and frequently as part of his painting technique. His fingerprints are found on many of his works,” Biro said. “I was able to make use of multispectral images to make a little smudge a very readable fingerprint.”

Alessandro Vezzosi, director of a museum dedicated to Leonardo in the artist’s hometown of Vinci, Italy, said Wednesday he was “very happy” to hear about the fingerprint analysis, saying it confirmed his own conclusion that the portrait can be attributed to Leonardo with “reasonable certainty.”

“For me, it’s extraordinary there is confirmation” through the fingerprint, although “it’s not like I had any doubt,” he said in a telephone interview

Based on its style, the portrait has been dated to 1485-1490, placing it at a time when Leonardo (1452-1519) was living in Milan.

Carbon dating of the vellum proved the dating. Further analysis proved the sketch was done by a left handed artist. But it was the fingerprint that showed up with a hi tech X-ray scan that cinched it. It’s the real deal. Even if the previous owner, who runs an art gallery, denies it. I think she must have tempera on her face over this. [that’s an art pun. Tempera paint was made from eggs]

Ganz still doesn’t believe it is a Leonardo.

“Nothing that I have seen or read in the past two years has changed my mind. I do not believe that this drawing is by Leonardo da Vinci,” Ganz told the AP on Wednesday. She declined to comment further.

Silverman said he didn’t expect Ganz to acknowledge it’s a Leonardo because that would damage her credibility, adding that if she wants to “go against science and say the Earth is not round,” then that’s her prerogative.

Unless my math is wrong, putting $19,000 in and getting $150,000,000 out is a ROI of about 8000 to 1. Not bad.

Posted by Drew458     on 10/14/2009 at 05:43 PM   
Filed Under: • Art-Photography •  
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