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		</div><p>A small painting by Sandro Botticelli has sold at Sotheby’s in New York for 92.2 million US dollars (£67.1 million), an auction record for the Renaissance master.</p>
<p>The work, Young Man Holding A Roundel, from about 1475, depicts a young nobleman holding a round painting of a saint.</p>
<p>It is one of just three portraits in private hands by the artist best known for The Birth Of Venus and Primavera.</p>
<p>“This is not only an exceptional painting, it is also the epitome of beauty, and of a moment when so much of our Western civilisation began,” said Christopher Apostle, head of Sotheby’s Old Masters Painting department in New York.</p>
<p>“Today’s result is a fitting tribute, both to the painting itself and all that it represents.”</p>
<p>The seller was the estate of the late property billionaire Sheldon Solow, who bought the work at Christie’s in 1982 for £810,000.</p>
<p>Two bidders competed for the painting at Thursday’s livestreamed auction.</p>
<p>Sotheby’s did not disclose the identity of the buyer.</p>
<p>It exhibited Portrait Of A Young Man Holding A Roundel in London, Dubai, Los Angeles and New York ahead of Thursday’s sale.</p>
<p>The price, which included the auction house’s fees, was the highest price paid for an old master work since Leonardo da Vinci’s Salvator Mundi sold for 450 million dollars (£327.9 million) in 2017.</p>
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