Pursuits

Billionaires Lured by ‘Reasonably Priced’ $14 Million Velazquez

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A painting by Velazquez priced at a “reasonable” $14 million is among works on show at the world’s biggest art and antiques fair, which opens to VIPs today.

The head-and-shoulders portrait of a bearded man is being offered for sale by the New York-based dealer Otto Naumann, one of 265 exhibitors at the 26th edition of the European Fine Art Fair, Tefaf, in the Netherlands.