Christie’s Backs Stubbs to Join Old Masters Elite, Painting Expected to Fetch $33 Million

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LONDON (REUTERS).- Christie’s will offer a George Stubbs horse painting for sale in London on July 5 and expects it to make more than 20 million pounds ($33 million), potentially putting it in the Old Masters auction elite. “Gimcrack on Newmarket Heath, with a Trainer, a Stable-Lad, and a Jockey” was painted by Stubbs, renowned for his anatomically precise portrayals of horses, in 1765, and is described by the auctioneer as “a true masterpiece.” It depicts Gimcrack, one of the most admired 18th century racehorses which won 28 of his 36 races and finished unplaced only once. The painting shows Gimcrack twice — in the background winning a “trial” and in the foreground with his trainer and jockey, a stable lad rubbing him down. Should the painting exceed pre-sale expectations, it would place Stubbs among the most valuable Old Master painters in auction history, according to Christie’s. Although exchange rates fluctuate, the mo