A LOST painting by the Italian master Canaletto was found hanging in a house and could now sell for £150,000.
The owner inherited it from her mum, who got it in 1920 for £100 — £5,000 in today’s money.
She hung it in the drawing room of the house she moved into in 1970.
Although she was aware it was a Canaletto, she decided not to sell it.
But she recently died and her descendants decided to part with it after an expert saw it during a routine valuation at the house in Lewes, East Sussex.
The 18ins by 12in painting, of the Dogana da Mar building in his native Venice, has got a pre-sale estimate of £150,000.
It was bought in London, where Canaletto moved to in the mid-18th century.
Philip Taylor, of Gorringes Auctions of Lewes, said: “They just don’t turn up.
"I’ve been in the business for 50 years and never come across one before.”
The sale is next month.
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