Rembrandt's Lost Masterpiece? The Mystery of 'Old Man with a Gold Chain'

The Rembrandt Riddle: When Two Portraits Become a Window to Artistic Genius

Apr. 10, 2026 at 5:54pm

An extreme close-up photograph of a shimmering, textured gold chain against a dark background, capturing the luxurious and enigmatic nature of Rembrandt's lost masterpiece.The glittering gold chain in Rembrandt's 'Old Man with a Gold Chain' painting has become a symbol of the mystery surrounding the artist's creative process.Chicago Today

There's something utterly captivating about art's ability to keep secrets. Take, for instance, the recent revelation about two nearly identical portraits of an Old Man with a Gold Chain. For decades, one was hailed as a Rembrandt masterpiece, while the other was dismissed as a mere workshop copy. But now, a leading scholar has flipped the script, arguing that both were, in fact, painted by the Dutch master himself.

Why it matters

This story isn't just about correcting the record—it's about challenging how we perceive artistic genius and the very nature of creativity. The fact that Rembrandt may have created replicas of his own works forces us to reevaluate our assumptions about originality and the role of the artist.

The details

The Chicago version, painted on panel, has long been the star of the show. Meanwhile, the slightly smaller canvas version, owned by Sir Francis Newman, was relegated to the sidelines as a mere imitation. Yet, Rembrandt scholar Gary Schwartz argues that both works bear the hallmarks of the master's hand. X-ray and infrared imaging revealed subtle differences between the two paintings, suggesting Rembrandt's own adjustments. The consistency in the UK version's canvas, pigments, and ground layer also points to Rembrandt's involvement.

  • For decades, one painting was hailed as a Rembrandt masterpiece, while the other was dismissed as a copy.
  • Recently, a leading scholar argued that both paintings were, in fact, created by Rembrandt himself.

The players

Gary Schwartz

A leading Rembrandt scholar who has argued that both the Chicago and Newman versions of the 'Old Man with a Gold Chain' were painted by Rembrandt.

Sir Francis Newman

The owner of the slightly smaller canvas version of the 'Old Man with a Gold Chain' painting, which was previously dismissed as a mere imitation.

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What they’re saying

“If it's confirmed as a Rembrandt, he plans to donate it to a museum.”

— Sir Francis Newman

What’s next

The Art Institute of Chicago initially leaned toward the UK version being a workshop copy, but the new evidence has challenged this view. The authentication of the paintings is still ongoing, and the final determination could have significant implications for our understanding of Rembrandt's artistic process.

The takeaway

This story reveals that art history is far from static. Every new discovery, every reattribution, forces us to reevaluate what we think we know about artistic genius and the creative process. The mystery of these two portraits isn't just about who painted them—it's about the questions they inspire and the way they challenge our preconceptions.