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Lost painting by Canaletto found hanging in house and could sell for £150k

A LOST painting by the Italian master Canaletto was found hanging in a house and could now sell for £150,000.

The owner inherited it from her mum, who got it in 1920 for £100 — £5,000 in today’s money.

A lost painting by the Italian master Canaletto was found hanging in a house and could now sell for £150,000
A lost painting by the Italian master Canaletto was found hanging in a house and could now sell for £150,000Credit: BNPS

She hung it in the drawing room of the house she moved into in 1970.

Although she was aware it was a Canaletto, she decided not to sell it.

But she recently died and her descendants decided to part with it after an expert saw it during a routine valuation at the house in Lewes, East Sussex.

The 18ins by 12in painting, of the Dogana da Mar building in his native Venice, has got a pre-sale estimate of £150,000.

It was bought in London, where Canaletto moved to in the mid-18th century.

Philip Taylor, of Gorringes Auctions of Lewes, said: “They just don’t turn up.

“I’ve been in the business for 50 years and never come across one before.”

The sale is next month.

The owner inherited it the Canaletto, pictured, piece fom her mum, who got it in 1920 for £100 — £5,000 in today’s money
The owner inherited it the Canaletto, pictured, piece fom her mum, who got it in 1920 for £100 — £5,000 in today’s money
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