Site icon KonnieMoments

Recently discovered Leonardo da Vinci portrait of Christ which once sold for just $60, sells for a record $450.3 million at New York auction

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"109460728"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><h6><span style&equals;"color&colon; &num;080000&semi;">Leonardo da Vinci&&num;8217&semi;s Salvator Mundi was commissioned by Louis XII of France in 1506 <&sol;span><&sol;h6>&NewLine;<h6 id&equals;"ext-gen123"><span style&equals;"color&colon; &num;080000&semi;">Leonardo da Vinci&&num;8217&semi;s portrait of Christ which once sold for just &dollar;60 sells for a record breaking &dollar;450&period;3 million at New York auction&semi; it is the last one of da Vinci&&num;8217&semi;s paintings to remain in private ownership<&sol;span><&sol;h6>&NewLine;<h6><span style&equals;"color&colon; &num;080000&semi;">The work was previously sold by Sotheby&&num;8217&semi;s for just &dollar;60 in 1958 after it was wrongly attributed to a student of Da Vinci called Giovanni Boltraffio<&sol;span><&sol;h6>&NewLine;<h6><span style&equals;"color&colon; &num;080000&semi;">Robert Simon Fine Art in New York  acquired the painting at a clearance sale in 2004 for around &dollar;10&comma;000 and realized it was an original painting by da Vinci himself<&sol;span><&sol;h6>&NewLine;<h6><span style&equals;"color&colon; &num;080000&semi;">On Wednesday&comma; at Christie&&num;8217&semi;s auction house in New York it auctioned for double the old mark for any work of art at auction &&num;8211&semi; at &dollar;450&period;3 million<&sol;span><&sol;h6>&NewLine;<h6><span style&equals;"color&colon; &num;080000&semi;">The last record art auction sale was set two years ago&comma; when Christie&&num;8217&semi;s in New York sold Pablo Picasso&&num;8217&semi;s painting &&num;8216&semi;Women of Algiers &lbrack;Version O&rsqb;&&num;8217&semi; for &dollar;179&period;4 million two years ago <&sol;span><&sol;h6>&NewLine;<h6><span style&equals;"color&colon; &num;080000&semi;">The highest known sale price for any artwork had been &dollar;300 million for Willem de Kooning&&num;8217&semi;s painting &&num;8216&semi;Interchange&&num;8217&semi; <&sol;span><&sol;h6>&NewLine;<div id&equals;"ext-gen122">&NewLine;<div class&equals;"artSplitter mol-img-group">&NewLine;<div class&equals;"mol-img">&NewLine;<div class&equals;"container-3zJLP vertical-2XJd5"><img class&equals;"alignnone size-full wp-image-285461" src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2017&sol;11&sol;Salvatore-Mundi-2&period;png" alt&equals;"Salvatore Mundi 2" width&equals;"629" height&equals;"809" &sol;><&sol;div>&NewLine;<&sol;div>&NewLine;<p class&equals;"imageCaption"><strong>Salvator Mundi&comma; an ethereal portrait of Jesus Christ by Leonardo da Vinci which dates to about 1500&comma; has gone under the auctioneers hammer for a record &dollar;450 million<&sol;strong><&sol;p>&NewLine;<p>Leonardo da Vinci&&num;8217&semi;s long lost portrait of Christ &&num;8216&semi;Salvator Mundi&&num;8217&semi; &lbrack;Savior of the World&rsqb;&comma;” which dates to around 1500&comma; became the most expensive work of art ever auctioned after a furious bidding war at Christie’s in Rockefeller Center led the sale for a record-btraking &dollar;450&period;3 million on Wednesday at Christie&&num;8217&semi;s in New York<br &sol;>&NewLine;Surpassing the previous mark for any work of art at auction by &dollar;150 million&period;<br &sol;>&NewLine;The painting&comma; which once sold for just &dollar;60 at auction&comma; fetched more than four times over the Christie&&num;8217&semi;s pre-sale estimate of about &dollar;100 million&period;<br &sol;>&NewLine;&&num;8216&semi;Salvator Mundi&&num;8217&semi; &&num;8211&semi; Italian for &&num;8216&semi;Savior of the World&&num;8217&semi; &&num;8211&semi; was purchased by an unidentified buyer bidding via telephone after a protracted bidding war that stretched to nearly 20 minutes at the New York auction house&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<div class&equals;"artSplitter mol-img-group">&NewLine;<div class&equals;"mol-img">&NewLine;<div class&equals;"image-wrap fff-pic">&NewLine;<div class&equals;"overlay-icon mobile-gallery">&NewLine;<div class&equals;"mobile-gallery-icon"> It was more than twice the old auction record set by Pablo Picasso&&num;8217&semi;s painting &&num;8216&semi;Women of Algiers &lpar;Version O&rpar;&&num;8217&semi; &lpar;&&num;8216&semi;Les Femmes D&&num;8217&semi;Alger&rpar; which sold for &dollar;179&period;4 million in May 2015&comma; also at Christie&&num;8217&semi;s in New York&period;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<&sol;div>&NewLine;<p class&equals;"mol-para-with-font">The highest known sale price for any artwork had been &dollar;300 million for Willem de Kooning&&num;8217&semi;s painting &&num;8216&semi;Interchange&comma;&&num;8217&semi; which was sold privately in September 2015 by the David Geffen Foundation to hedge fund manager Kenneth C&period; Griffin&period;<br &sol;>&NewLine;The oil on wood panel painting&comma; Salvator Mundi&comma; depicts Jesus Christ dressed in robes with one hand raised in a blessing and the other holding an orb that represents the Earth&period;<br &sol;>&NewLine;Commissioned by Louis XII of France in 1506&comma; it later ended up in possession of Charles I of England and following his execution it went to Charles II and it remained in London for 400 years&period;<br &sol;>&NewLine;It eventually ended up in the collection of Sir Francis Cook and in 1958 it was sold by Sotheby&&num;8217&semi;s for just &dollar;60 after it was wrongly attributed to a student of Da Vinci called Giovanni Boltraffio&period;<br &sol;>&NewLine;Robert Simon Fine Art in New York&comma; along with a consortium of art dealers&comma; are thought to have acquired the painting at a clearance sale in 2004 for &dollar;10&comma;000&period;<br &sol;>&NewLine;Simon and his partners flew in an international panel of art experts who assessed the work&comma; which had been heavily overpainted&comma; and gone dark and gloomy during years of neglect&period;<br &sol;>&NewLine;After it was cleaned up&comma; the experts agreed it had not been done by the pupil&comma; but the master himself&comma; da Vinci&comma; and went on display to the public at the National Gallery in London in 2011&period;<&sol;p>&NewLine;<div class&equals;"artSplitter mol-img-group">&NewLine;<div class&equals;"mol-img">&NewLine;<div class&equals;"image-wrap fff-pic">&NewLine;<h6 class&equals;"overlay-icon mobile-gallery"><img class&equals;"alignnone size-full wp-image-285467" src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2017&sol;11&sol;Salvator-Mundi-3&period;jpg" alt&equals;"Salvator Mundi 3&period;jpg" width&equals;"664" height&equals;"441" &sol;><strong>Members of Christie&&num;8217&semi;s staff admire the work  Leonardo da Vinci painting of Christ<&sol;strong><&sol;h6>&NewLine;<&sol;div>&NewLine;<p>The piece is one of just 16 known surviving paintings by the Renaissance master&comma; and was long thought to be by another artist&period; It was bought for a mere &dollar;90 about 60 years ago&comma; and experts didn’t agree that it was an original Leonardo until 2011&period;<br &sol;>&NewLine;The artwork has been described as a hidden masterpiece plucked from obscurity&period;<br &sol;>&NewLine;&OpenCurlyDoubleQuote;We came pretty close to losing it&comma;” Alan Wintermute&comma; a Christie’s vice president and specialist in Old Masters paintings&comma; said&period;<br &sol;>&NewLine;&OpenCurlyDoubleQuote;It’s so rare that anything this important reappears in the way it has&comma; that you can’t help but be excited&period;”<br &sol;>&NewLine;The winning bidder had not been identified as of late Wednesday night&period;<&sol;p>&NewLine;<&sol;div>&NewLine;<h6 class&equals;"imageCaption"><strong><img class&equals;"alignnone wp-image-285473" src&equals;"https&colon;&sol;&sol;konniemoments&period;com&sol;wp-content&sol;uploads&sol;2017&sol;11&sol;Pablo-Picassos-painting-Women-of-Algiers-Version-O&period;jpg" alt&equals;"Pablo Picasso's painting 'Women of Algiers &lbrack;Version O&rsqb;'" width&equals;"710" height&equals;"485" &sol;>Pablo Picasso&&num;8217&semi;s painting &&num;8216&semi;Women of Algiers &lbrack;Version O&rsqb;&&num;8217&semi; set the last art auction record of &dollar;179&period;4million in May&comma; 2015<&sol;strong><&sol;h6>&NewLine;<&sol;div>&NewLine;<p class&equals;"mol-para-with-font">Paris-based dealer&comma; Yves Bouvier purchased the work at a Sotheby&&num;8217&semi;s private sale for &dollar;77 million in 2013&period;<br &sol;>&NewLine;The dealer once represented Russian oligarch Dmitry Rybolovlev&comma; when Rybolovlev acquired the painting for &dollar;127 million&period;<&sol;p>&NewLine;<div id&equals;"mol-e6496c60-ca77-11e7-9ce3-b3200473e160" class&equals;"art-ins mol-factbox floatRHS news" data-version&equals;"2"><&sol;div>&NewLine;<p class&equals;"mol-para-with-font">&NewLine;<&sol;div>&NewLine;<div id&equals;"taboola-below-main-column" class&equals;" trc&lowbar;related&lowbar;container trc&lowbar;spotlight&lowbar;widget" data-placement-name&equals;"wide"><&sol;div>&NewLine;

Exit mobile version