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Denmark Royals Painting
People view a painting by Denmark's Queen Margrethe on display at Bruun Rasmussen Auctions, in Lyngby, Denmark, Monday, Feb. 12, 2024. The artwork was painted in 1988 and was originally a gift by Queen Margrethe to her then court martial, Hans Soelvhoej. The painting will feature in the Bruun Rasmussen's Live Auction in March. (Ida Marie Odgaard/Ritzau Scanpix via AP)

A painting by Denmark's artistic Queen Margrethe exceeds expectations at auction

A painting by Denmark’s Queen Margrethe, who stunned the public by abdicating earlier this year, has been sold at auction in Copenhagen for $23,300 — exceeding the estimated price

By AP News
Published - Mar 06, 2024, 05:26 AM ET
Last Updated - Mar 06, 2024, 05:26 AM EST

COPENHAGEN, Denmark (AP) — An abstract painting by Denmark's Queen Margrethe, who surprised her country by abdicating earlier this year, has been sold at a Copenhagen auction at 160,000 kroner ($23,300) — exceeding the estimated price of 75,000-100,000 ($11,000-14,550)

The artistic works of the 83-year queen has long been publicly known, and several of her paintings have been exhibited at museums in Denmark and abroad.

The unnamed 1998 acrylic painting, whose starting price was 45,000 kroner ($6,550), was sold late Tuesday at Denmark’s main auction house to an unidentified buyer. The painting was originally a gift to a former aide who died in 1989, and was in the family's possession.

The works by Margrethe who also has designed ballet costumes and sets, church vestments and dinnerware, and made book illustrations, are rarely put up for sale, said Niels Boe-Hauggaard of the Bruun Rasmussen Auction House.

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