In the lead-up to its auction in New York, Sotheby’s sent a 15th century painting by the early Italian Renaissance artist Sandro Botticelli on a world tour, traveling from New York to Dubai, London, and Los Angeles in an effort to drum up interest.
While the painting was in London, a group of dealers, collectors, and curators who’d gathered to admire it got to talking: Was the “in excess of $80 million” estimate reasonable for an exquisitely preserved portrait of a beautiful young man in a sumptuous mauve doublet? Opinions varied to such a degree that an informal wager began. Everyone wrote down their bet on a piece of paper; the furthest from the correct price would have to buy the rest of them dinner.