LA SÉLECTION · No. 62
15 November 2026

Dear Collectors and Connoisseurs, another heartfelt thank you to everyone who has already joined Le Cercle! Your enthusiasm is a wonderful encouragement. Since its launch, we have added searches by artist, period, medium or budget, favourite lots with optional reminders on the morning of their sale, and artist and keyword alerts. New discoveries appear almost daily, alongside standout results, archives and weekly updates. Our ambition remains the same: to make collecting more exciting and accessible, with the entire art market as our playground. This Sunday, we are delighted to present Maurice Dupuis (1882–1959), Old Façades (1906), an atmospheric charcoal drawing of Ghent. Awarded First Prize in 1906, it later belonged to Paul Eeckhout, director of the Museum of Fine Arts in Ghent, where it was exhibited in 1982. As always, discover our selection of upcoming auctions, standout results and the latest art-market insights. For those wishing to explore further, the collection of paintings and drawings, together with the research and advisory services of Poncelin de Raucourt Fine Arts, can be found at www.pdrfa.com. Happy reading!
AUCTIONS IN THIS EDITION
Works worth looking at.
01Alessandro Allori
1535–1607Portrait of Bianca Cappello (1548–1587)
Painting on poplar panel · 86 × 68,5 cm
A distinguished example of late Florentine Mannerist portraiture, reflecting Bronzino's influence in the enamelled flesh tones and meticulous rendering of lace, jewels and brocade. Particularly striking is the painting's extraordinarily well-preserved appearance, which allows the refinement of Allori's courtly technique to be fully appreciated.
View the auctioneer’s catalogue entry
02Isaac Israels
1865–1934A Lady Wearing a Hat and Veil in the Bois de Boulogne
Watercolour on paper · 48 × 33 cm
Israels's fascination with Parisian modern life is distilled into fluid washes, sparse contours and the expressive use of untouched paper. Exhibited in 1974 and 1996 and reproduced in Reisel's monograph, the sheet also bears a portrait on the reverse.
View the auctioneer’s catalogue entry
03Alfons Walde
1891–1958The Ascent of the Skiers, c. 1935
Oil on cardboard · 42 × 67 cm
One of Walde's most characteristic alpine motifs, reflecting the emergence of skiing as a defining feature of modern Tyrolean life. The simplified figures, monumental snowfields and striking contrasts of white and deep blue exemplify his distinctive approach to modern landscape painting.
View the auctioneer’s catalogue entry
04Adrien van Stalbemt & Peter Gysels
1580–1662 / 1621–1690Allegory of the Five Senses
Painting on cradled oak panel · 74 × 107 cm
A rare collaboration between two Antwerp painters, combining van Stalbemt's elegant figures and landscape with Gysels's meticulously observed still life. The allegory reflects the Flemish culture of collecting and sensory exploration, notably through the depiction of a double-manual harpsichord inscribed with the name of Andreas Ruckers and dated 1619. Published by Klaus and Christa Ertz in 2018, the painting also retains a documented provenance extending back to its commission around 1650.
View the auctioneer’s catalogue entry
05Isaac Israels
1865–1934Reclining Nude
Oil on canvas · 102 × 153 cm
A freely handled reclining nude characteristic of Israels's painterly approach to the figure. Broad, fluid brushwork and warm contrasts of ochre, flesh tones and deep red lend the composition a striking immediacy, favouring spontaneity over academic finish.
View the auctioneer’s catalogue entry
06Gustave Doré
1832–1883The Erecting of the Cross
Pen and black ink, brown wash and grisaille heightened with white gouache · 56,8 × 78,4 cm
Doré's theatrical chiaroscuro and sweeping diagonal composition lend the Passion scene a striking dramatic intensity. Exhibited in 1885 and again in the 1932 retrospective, this documented sheet comes directly from the artist's estate and has remained in the family.
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07Marten van Cleve
c. 1527–1581An Outdoor Peasant Wedding
Oil on panel, cradled · 69,5 × 106 cm
Rooted in the Bruegelian tradition of Flemish peasant festivities, this composition is distinguished by its animated figures and finely observed details. Dr Joost Vander Auwera cites the assured underdrawing and pentimenti as evidence supporting execution by the master's own hand.
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08Isaac Israels
1865–1934Getting Ready for Ballet School, London
Oil on canvas · 91 × 72 cm
Dating to circa 1913–14 according to the literature, this London ballet-school interior exemplifies Israels’s fluid, spontaneous handling of figures and everyday life. Exhibited in Amsterdam in 1930 and reproduced in subsequent monographs, the painting is a documented example of his interest in the intimate world behind the stage.
View the auctioneer’s catalogue entry
09Antonio Canal (Canaletto)
1697–1768Lagoon Capriccio with a Ruined Arch Spanning a Canal towards a Pavilion
Pen and brown ink, grey and brown wash · 36,5 × 52,5 cm
Compass-laid arches and a perspective study on the verso reveal Canaletto's architectural method. Related painted variants are documented in the literature. Charles Beddington and Bożena Anna Kowalczyk both endorsed the attribution following firsthand examination.
View the auctioneer’s catalogue entryRecent Standout Auction Results

Manner of Rembrandt van Rijn, 18th century
Portrait of a Lady in a Fur-Trimmed Coat and Hat
Reeman Dansie Colchester · 11 November 2026
Estimate : GBP 500–700
Result : GBP 350,000 (hammer)
Catalogued as an eighteenth-century work in the manner of Rembrandt, this intriguing portrait sparked exceptional interest, despite its visibly restored condition. The remarkable £350,000 hammer price suggests that bidders saw considerably more potential than the cautious catalogue attribution implied. Several names associated with Rembrandt’s circle are circulating among collectors, adding to the intrigue surrounding the painting. We shall be particularly curious to see under whose precise attribution it next emerges on the market.
View the source
Roman painter, 17th century
Portrait of a Man
Pandolfini Florence · 11 November 2026
Estimate : EUR 1,000–1,500
Result : EUR 31,000 (hammer, as reported in La Sélection)
An extraordinary result for a portrait catalogued simply as the work of a seventeenth-century Roman painter. The sitter’s direct gaze, flamboyant moustache and strikingly individual physiognomy give the painting considerable character. Such a dramatic premium suggests determined competition, with bidders clearly responding to qualities that the modest estimate had not anticipated. The anonymous attribution makes the result particularly intriguing, although no revised identification can be inferred from the price alone.
View the source
Eugène Boudin (1824–1898)
Sky at Sunset
Le Havre Enchères Le Havre · 11 November 2026
Estimate : EUR 800–1,500
Result : EUR 17,500 (hammer, as reported in La Sélection)
An exceptional result for this intimate pastel, which exceeded its high estimate by more than elevenfold, suggesting particularly determined bidding. Boudin’s delicate treatment of the evening sky, with its subtle transitions of colour and light, perfectly captures the atmospheric sensitivity for which he is celebrated. The presence of a signature and monogram, together with a certificate dated 1970 by Paule Caillac, may have further reassured buyers. The striking result demonstrates the appeal of a compelling work by an established artist, even on the smallest scale.
View the sourceMarket News & Announcements
Museum Acquisitions · La Tribune de l’Art
For the latest museum acquisitions, we highly recommend La Tribune de l’Art, an indispensable reference in the field. Here are a few other noteworthy announcements from across the art market.
View the sourceNew York · A $2.4 Billion Auction Week
Sotheby’s, Christie’s, Phillips and Bonhams enter November’s sales expecting at least $2 billion collectively, potentially exceeding $2.4 billion. Single-owner collections take centre stage, led by Sotheby’s Blaquier-Arrieta collection, valued at around $450 million and featuring major works by Van Gogh and Cézanne. A closely watched test of confidence at the top of the art market.
View the sourceCaravaggio · Two Possible Rediscoveries
Two Italian scholars have separately proposed new attributions to Caravaggio: a portrait sold at Dorotheum in 2017 for €3,810, and the long-lost Young Man with a Vase of Roses, reportedly found in a French private collection. Both attributions remain subject to scholarly debate.
View the sourceDickinson · Titian, Rubens, Van Dyck
Dickinson announces Titian, Rubens, Van Dyck from 25 November to 18 December 2026. Including recently rediscovered works, the exhibition explores the transmission of Titian’s legacy to the two great Flemish painters and the artistic and cultural exchanges of the European courts in the sixteenth and seventeenth centuries.
View the sourceColnaghi · Will Elliott Joins as Partner
According to Colnaghi’s Instagram announcement cited in this edition, Colnaghi Elliott Master Drawings will conclude its activities after four years, with Will Elliott joining Colnaghi as a partner. The announcement also notes the gallery’s sale of Gauguin’s Head of a Tahitian, a drawing from his first Tahitian period.
View the sourceContinue reading.
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FOCUS ON AN ARTWORK
In partnership with Poncelin de Raucourt Fine Arts
Maurice Dupuis
Old Façades (Oude gevels)
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