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Almost certainly part of the collection of porcelain and enamels given by Samuel Spalding to George, 4th Duke of Marlborough, in the 1790s.
Probably among the 'Sixty six small figures in frames' listed in the Copper Enamel Room in the inventory of Blenheim Palace dated 1828.
Certainly in the collection of John, 7th Duke of Marlborough, by 1862 when they appear in a catalogue of the collection.
By descent until offered by George, 8th Duke of Marlborough, Christie's, London, 'The Blenheim Enamels', 14 June 1883, lot 65A (unsold).
Lucien Cottreau, Paris, Galerie Georges Petit, Catalogue des Objets d'Art et de la Haute Curiosité de l'Antiquité, du Moyen-Age, de la Renaissance des XVIIe et XVIIIe siècles, Faiences Italiennes, Emaux Champlevés et Peints de Limoges, Ivoires - Bronzes, Objets de Vitrine, 28-29 April, 1910, lot 55.
The source for the composition of the present plaque would appear to be a fresco of Fortitude in the Sala d'Attilio Regolo, in the Palazzo del Te, executed to a design by Giulio Romano. For an illustration see F. Hartt, Giulio Romano, New Haven, 1958, II, fig. 288.
Please also note additional provenance:
Purchased by the grandfather of the present owner from the Cottreau sale in 1910, and thence by descent.
THE PROPERTY OF A EUROPEAN LADY
G. Scharf, Catalogue Raisonné or, A List of the Pictures in Blenheim Palace; with Occasional Remarks and Illustrative Notes, I, London, 1862, p. 123.
P. Verdier, The Walters Art Gallery - Catalogue of the Painted Enamels of the Renaissance, Baltimore, 1967, nos. 47-48.