Leonardo da Vinci painting smashes auction record at $450 million

Kelly Massey
November 17, 2017

Andy Warhol's monumental 1986 work "Sixty Last Suppers" based on da Vinci's work, sold for $US60,875,000, while two works by fellow American painter Cy Twombly added more than $US73 million to the kitty, with Untitled, 2005, selling for $US46,437,500 and Sunset (1957) selling for $US27,312,500.

"'Salvator Mundi" was painted in the same time frame as the "Mona Lisa, ' and they bear a patent compositional likeness", said Loic Gouzer, the chairman of Christie's postwar and contemporary art department in New York City.

"Leonardo was an unparalleled creative force and a master of the enigmatic".

The painting, "Salvator Mundi", Italian for "Savior of the World", was sold Wednesday by Christie's auction house.

The provenance of "Salvator Mundi" is largely shrouded in mystery, however.

It was recorded in the collection of King Charles I of England in 1649 but was auctioned to the Duke of Buckingham in 1763. But no institution besides the Dallas Museum of Art, which in 2012 made an undisclosed offer on the painting, showed public interest in buying it.

Climate change denial or indifference are 'perverse attitudes' - pope
Its members have committed to phasing out coal-burning power plants, supporting clean energy and encouraging carbon capture technology.

Ontario College Strike Continues As Faculty Unanimously Votes "No" To Offer
Some 12,000 professors, instructors, counsellors, and librarians at 24 community colleges have been on strike since October 16. According to a Twitter account for Ontario College Faculty, 86 per cent of faculty voted against the offer .

How the Paris Robbery Aftermath Inspired Kim Kardashian's New Fragrance
Inc., with single-day sales volumes and record sellout times that even the largest of legacy beauty brands can't command. These will have an entirely new concept and bottles, but that was all she would say about upcoming fragrances .

Dated to around 1500, the work sold after 19 minutes of frenzied bidding - an incongruous Old Master in Christie's evening postwar and contemporary sale, which attracts the biggest spenders in the high-octane world of global billionaire art collectors. The artwork disappeared once again for nearly 50 years, leaving many scholars to believe it had been destroyed, until it resurfaced in 2005 when it was purchased at an American estate sale. The previous record for an Old Master painting was $US76.7 million for Massacre of the Innocents by Peter Paul Rubens in 2002. "Despite being created approximately 500 years ago, the work of Leonardo is just as influential to the art that is being created today as it was in the 15th and 16th centuries".

"My hands were shaking", Modestini said in a statement released through Christie's in October. And a Gauguin would have also been sold 300 million by a swiss collector, in February 2015, according to the New York Times.

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.

"It's been called 'the male Mona Lisa, '" he said, "but it doesn't look like it at all". Since it resurfaced, it has been exhibited at the National Gallery in London and at Christie's showrooms all over the world.

"'Salvator Mundi' is the Holy Grail of old master paintings". This came after more than six years of painstaking research and inquiry to document the painting's authenticity. It was long believed to have existed but was generally presumed to have been destroyed.

Other reports by Guamnewswatch

Discuss This Article

FOLLOW OUR NEWSPAPER