“Leonardo da Vinci” Artwork sold for $450m- New Record 2017

"Leonardo da Vinci" Artwork sold $450m- Record 2017

ARTWORK:-

The painting is known as Salvator Mundi or Saviour of the World. (“Leonardo da Vinci” Artwork sold $450m- Record 2017)

It is the highest auction price ever recorded for any work of art and brought. There was applause at the Christie’s auction room.

"Leonardo da Vinci" Artwork sold $450m- Record 2017

“Leonardo da Vinci”

Leonardo da Vinci died in 1519 and there are less than 20 of his paintings that still exist.

Bidding of this painting began at $100m and the final bid for the artwork was $400m, with the fees bringing the final price up to $450.3m. The unknown buyer was involved in the bidding contest, via telephone, that lasted nearly around 20 minutes.

 

Before the auction took place, this painting was owned by a Russian billionaire, collector Dmitry E Rybolovlev, who is reported to have bought this painting in a private sale in May 2013 for $127.5m (£98m).

The painting had major cosmetic surgery. The walnut panel base of the painting has been described as “worm-tunneled” and at some point, it seems to have been split into two halves and the efforts taken to restore it, resulted in abrasions.

BBC arts correspondent, Mr. Vincent Dowd said that even now the attribution to Leonardo is not universally accepted.

One of the critics has described the surface of the painting to be “inert, varnished, lurid, scrubbed over and repainted so many times that it looks simultaneously new and old”.

“Any private collector who gets interested in buying this picture or artwork and places it in his apartment or storage, it serves them right,” Jerry Saltz wrote on Vulture.com.

But Christie’s insisted the painting is authenticated and billed it as “the greatest artistic re-discovery of the 20th Century”.

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SALVATOR-MUNDI:- (“Leonardo da Vinci” Artwork sold $450m- Record 2017)

Salvator Mundi, believed to have been painted after 1505, is the only artwork thought to be in private hands.

The painting shows Christ with his one hand raised, the other hand holding a glass sphere.

"Leonardo da Vinci" Artwork sold $450m- Record 2017

“Leonardo da Vinci”

In 1958 it was sold at an auction in London for a price at £45. By then the painting was reckoned to be the artwork of a follower of Leonardo and not the work of Leonardo de Vinci himself.

This painting or artwork once belonged to King Charles Ist of England in the 1600s and it was”rediscovered” in 2005.

  • Interchange by Willem de Kooning – $300m (£230m)

The 79 x 69-inch expressionist piece was painted in the year 1955. It was sold to a hedge-fund founder, namely Kenneth C. Griffin, who spent around $500m in total in the year 2016 on a Pollock piece too.

  • Nafea Faa Ipoipo (When Will You Marry?) by Paul Gauguin – $300m (£230m)

His post-impressionist painting of Tahiti women was sold in February in the year 2015 to a mystery buyer, rumored to be a Qatari museum. It is thought to share the top position with a piece by William de Kooning.

  • The Card Players by Paul Cézanne – $250m (£190m) 

This sale to Qatar broke the records in the year 2011. The piece was painted at the end of 19th Century and was the part of a five-part series. The other art in the series is some of the world’s most prestigious art of the museums including the Metropolitan Museum of Art located in New York.

  • Number 17A by Jackson Pollock – $200m (£150m)

This expressionist piece was also sold in the year 2016 to Kenneth C. Griffin from The American businessman David Geffen.

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