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An Italian tribunal lowered the minimum price for a 16th-century Roman villa that boasts Caravaggio’s only fresco after the first auction this week failed to attract any bids. 

The base price for the Casino dell’Aurora will be €376.8m (about R6.5bn), a court official said, when the prized villa comes under the hammer again on April 7. This implies a minimum bid of €282m.   ..

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