Very Rare and Important 15th Century Medallion up for Auction

LONDON, May 30, 2012 /PRNewswire/ --

An important and rare medallion, discovered in Europe and dated to the 15^th century, will be presented in an auction in Portugal on June 4th.

     (Photo: http://photos.prnewswire.com/prnh/20120530/535599 )

Composed of an alloy of copper and applications of gold, the piece displays the letter Y surrounded by the inscription - eteroae. leal (loyal). Amor (Love).

The figuration of the letter Y is known since at least the late twelfth century and emerged as an interpretation of an ancient emblem representing the dilemma of man facing the choice between good and evil.

The so called Littera Pythagorae was assumed as a symbol of Jesus, referring to the first letter of his name, Yesus. In the 15^th century, the Y was also associated with royalty.

Subjected to laboratory tests to validate the authenticity, surprising results demonstrate that this very rare medallion was once covered with gold.

With an estimate of 50.000€ to 80.000€ (USD $62.000 to $100.000), lot 248 promises to be one of the highlights of the Antiques and Works of Art auction to be held at VERITAS Art Auctioneers, in Portugal, next week.

Further details:
Raquel Rocha Vieira
rrv@veritasleiloes.com
T +351-21-794-8000 F +351-21-794-8009
Av. Elias Garcia, 157 A/B 1050-099 Lisbon Portugal
http://www.veritasleiloes.com

SOURCE VERITAS Art Auctioneers