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Sotheby's

National Gallery of Victoria (NGV) director Gerard Vaughan gestures at a painting by Italian Renaissance painter Correggio, bought by the NGV with 5.2 million Australian dollars (5.45 million US), at a Sotheby's auction in Melbourne on August 17, 2011. The newly discovered work entitled 'Madonna and Child with infant St John the Baptist' is believed to have been painted around 1515 and is the only authenticated Correggio to have been sold at auction in the last 50 years. The painting has been in private hands in Switzerland for more than a century. Correggio (1489-1535) was a contemporary of Leonardo da Vinci and Raphael.

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