Da Vinci masterpiece sells for record $591 million

17 November, 2017, 01:12 | Author: Laverne Higgins
  • Da Vinci masterpiece sells for record $591 million

The sale on Wednesday to 450.3 million, of the Salvator Mundi of Leonardo da Vinci place this work very largely in the head of the 10 tables the most expensive sold at auction, commissions and fees included.

"Salvator Mundi is a painting of the most iconic figure in the world by the most important artist of all time", said Loic Gouzer, co-chairman of postwar and contemporary art at Christie's, was quoted by The Associated Press as saying.

It is one of fewer than 20 da Vinci paintings in existence.

"It's been a brilliant marketing campaign", said Alan Hobart, director of the Pyms Gallery in London, who has acquired museum-quality artworks across a range of historical periods for the British businessman and collector Graham Kirkham. The painting first reappeared at a 1958 auction, where it only sold for $59 after it was dismissed as a copy.

Christie's declined to identify the buyer, other than to confirm that bids came from "every part of the world".

The sale beats Pablo Picasso's painting Les Femmes d'Alger (Women of Algiers), which sold for AUD $235 million in May 2015, also at Christie's in NY.

Jussi Pylkkanen, the lively auctioneer, state, "It's an historic moment; we'll wait", as the bids continued to grow to breathtaking heights.

Whoops and applause rippled through the packed room as bids quickly escalated into unchartered territory, coming down to two head-to-head rivals on the telephone.

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8 - Silver Car crash (Double disaster), a monumental painting by Andy WARHOL, part in November 2013 for $ 105.4 million at Sotheby's in NY.

$450.3 million for a painting might be nothing to the rich bidders of the art world, but to us regular folks, we can't even imagine. He resold it within days to the Russian tycoon, for $127.5 million. Bouvier has denied any wrongdoing.

Christie's declined to comment on the controversy and had valued the painting pre-sale at $100 million.

The auction house has also played down the painting's volatile history. When it re-emerged in 2005, this exquisite work, depicting Jesus Christ as the savior of the world, became the first discovery of a painting by Leonardo da Vinci since 1909.

3 - Nu couché, a canvas of Amedeo MODIGLIANI, reached 170,4 million at a sale by the same auction house in November 2015. Leonardo's painting of "Salvator Mundi" was long believed to have existed but was generally presumed to have been destroyed until it was rediscovered in 2005.

"It's an extraordinary price for an extraordinary painting".

"He was a genius of his time and people still see him as that".

The 26-inch-tall Leonardo painting dates from around 1500 and shows Christ dressed in Renaissance-style robes, his right hand raised in blessing as his left hand holds a crystal sphere.



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