Da Vinci Painting Auctioned At Record $450.31 Million

Janina Lim – Fourth Estate Contributor

New York, NY, United States NY – Leonardo da Vinci’s long-lost and not too long ago found Christ portray has fetched a file $450.31 million at Christie’s, greater than two-folds the quantity of the beforehand highest bid out portray.

The record-smashing worth simply made the famend painter’s work entitled ‘Salvator Mundi’ or the ‘Saviour of the World’ “the most expensive painting ever sold at auction,” Christie’s stated in a press release.

The earlier file belonged Picasso’s “Les Femmes d’Alger” which bought for $179.36 million portray. The highest worth beforehand paid at public sale for a da Vinci was in 2001 for his “Horse and Rider,” which went for $11.48 million.

The Salvator Mundi portray, solely not too long ago rediscovered, was the final da Vinci left in personal arms and was pegged at 4 occasions Christie’s’ pre-sale estimate of about $100 million.

The portrait was bought by an unidentified purchaser bidding through phone.

Its look in Christies’ was the primary time the portray had ever been proven to the general public.

“It was a moment when all the stars were aligned, and I think Leonardo would be very pleased,” Jussi Pylkkänen, world president of Christie’s, stated after the sale.

“It’s a painting beyond anything I’ve ever handled,” stated Pylkkänen, including, “I should hang up my gavel.”

The portrait, which has gone via a prolonged restoration course of, is likely one of the fewer than 20 da Vinci work nonetheless in existence.

Dating again to about 1500, the portray was first recorded within the personal assortment of King Charles I, then auctioned in 1763 earlier than getting misplaced.

As it resurfaced in 1900, the work had been painted over – as soon as a “quite common” observe, in response to Alan Wintermute, Christie’s senior specialist for Old Master work.

The portray wasa auctioned at Sotheby’s to an American collector in 1958 for under 45 kilos however was re-sold in 2005 as an overpainted copy of the masterwork.

The work went via about six years of analysis launched by its new proprietor and was then authenticated as da Vinci’s greater than 500-year-old masterpiece.

Christie’s declined to supply particulars on the vendor aside from noting that it was a European personal collector however media named him as Russian billionaire Dmitry Rybolovlev, who paid $127.5 million in 2013 in a non-public sale.

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