Sleepers and what happens next: the Sotheby Babel

Sotheby's has in its Old Master sale a "Flemish School, 17th Century" Tower of Babel, estimated at $200,000 to $300,000.

It's a very nice example, not easily placed in the works of a known artist or even closely related to most of the other similar Flemish Babel towers.

It was last sold in October 2014 at Nagel, German auction house. They had estimated it at only 15,000 Euro, but fierce bidding saw it soar to 210,000 Euro. A real sleeper, but slightly more than a year later, it only gets the same estimate as what it sold for two years ago, and without the benefit of being "fresh to the market" (Sotheby's omits the provenance and auction history with a reason, of course). It will be interesting to see if it will sell and if it will make another profit.

UPDATE: sold for $418,000, so about double the previous price and incomparable to the original 15,000 Euro estimate of October 2014!