This December, a hitherto unknown work by the painter LS Lowry will be sold at auction by Sotheby (London). Entitled 'A Fairground' it had been lost (but not buried) in a private collection. The painting appears to relate to a drawing made in the 1920s, 'Beswick Fair'. The painting itself was possibly done in the 1930s, and was purchased in 1950 by the present owner. Beswick itself was an impoverished district close to the edge of Manchester city centre, and held a popular Christmas fair every season until 1939. Lowry died in 1976, and his best paintings, such as this, can fetch over £1 million today.