AN OLD MASTER
BOUGHT FOR £25.
REALLY WORTH £20,000. STORY UNFOLDED IN COURT. BY CABLE—PRESS ASSOCIATION- COPYRIGHT Received Feb. 26. 10.50 a.m. LONDON, Feb. 25. The romance of a painting purchased for £25 from London dealers under the belief that it was a copy of Raphael, but which subsequently turned out to be a. genuine old master, valued at £20,000, by Lady Thomas, wife of Sir Robert Thomas, in ,a> claim against one of Lloyd’s underwriters for the payment of an insurance policy on the picture, which was destroyed by fire at the Thomas home in Anglesey. Sir Robert Thomas gave evidence that he valued the picture greatly because of its romantic history. When purchase' ing it, he told the dealer to renovate it. The dealer later communicated with Sir Robert offering to give him £SOO to release him from the bargain. Sir Robert .subsequently compensated the dealer to. the extent of £IOO.
He regarded the picture as the most valuable of his possessions. When he was absent the picture was always removed to a room where someone was constantly in .attendance. The defence maintain that the picture destroyed was not the one insured. Further, that when the insurance was effected it was not revealed that Sir Robert Thomas had bought a copy of Raphael. It is .also maintained that the picture was merely a reproduction. The hearing was adjourned.
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https://paperspast.natlib.govt.nz/newspapers/HAWST19260226.2.39
Bibliographic details
Hawera Star, Volume XLV, 26 February 1926, Page 5
Word Count
230AN OLD MASTER Hawera Star, Volume XLV, 26 February 1926, Page 5
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