18th C. European Follower of Guido Reni (Italian, 1575-1642), after "Fortuna with a Purse" (1636 to 1637). A monumental oil on canvas painting depicting Fortuna, the Roman Goddess of Fortune, holding a palm and sceptre in her left hand and a purse in her raised right hand, as coins and pearls drop toward the globe below. This composition is rather unusual in that Fortuna holds a purse rather than the cornucopia or wheel more typically depicted by Old Masters. Fortuna is accompanied by winged Cupid, and the pair float in the celestial realm as Cupid pulls back Fortuna's golden tresses in an attempt to calm the goddess' buoyant elation and warn that fortune can be fickle. This mesmerizing allegory of fortune is rendered in a beautiful color palette - shades of azure, rose, and sage complemented by flesh tones of cream and peach, with golden tresses that delight the eye. The mythological figures are skillfully modeled with foreshortened forms to provide the illusion that Fortuna and Cupid are floating beyond the picture plane into the viewer's space. Size: 55" L x 49" W (139.7 cm x 124.5 cm)
Please Note: Sotheby's London recently sold "An Allegory of Fortune, Holding a Purse" by a Follower of Guido Reni for 18,900 GBP (equivalent to $26,063 on July 8, 2021 - Lot 171).
According to Sotheby's catalogue note, "Reni is known to have painted two versions of the Fortuna, showing, in both, the allegorical female figure full-length, holding a scepter and palm in her left hand, as she flies mid-air over the globe, with her hair playfully tugged back by Cupid behind her. The versions differ in only one detail: in one, she holds a crown in her right hand, in the other a purse. The intriguing story of how the two versions came about is told by Reni's biographers Filippo Baldinucci and Carlo Cesare Malvasia. Baldinucci recounts that he saw Fortuna, holding a crown, in Florence in the collection of Monsignor Jacopo Altoviti, before going on to detail the circumstances of the commission. Reni had first painted Fortuna with a Purse for the Abbate Giovanni Carlo Gavotti and had handed it over to him with a request that it was not to be shown to the public as it was not finished to his satisfaction. Reni’s wishes were not granted however - the picture was exhibited without his permission in one of the grandest porticoes of Bologna on one of the most important feast days. Infuriated, Reni returned home and requested to be brought to his rooms a copy which he knew to have been painted by Antonio Gerola, il Veronese, on behalf of Monsignor Altoviti. This he completely reworked, painting a crown in the hand of Fortune in place of the purse to great acclaim, even, in Baldinucci's eyes, surpassing Gavotti's picture."
Provenance: private Rancho Mirage, California, USA collection, by inheritance in 2020; ex-Dr. TDR Berreth, California, USA, acquired before 1982
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#179155
Condition
Painting was recently treated by a professional conservator. This involved repairs to the canvas, removing defective retouching from previous restorations, remounting the canvas on a new custom-made wooden stretcher, installing a backing board to inhibit canvas vibration, and performing light repairs on the frame. A digital copy of the Treatment Report prepared on 3/31/24 will accompany the piece.