Thursday, 16 November 2017

Portrait Of Christ Sells For Record $450.3 Million

Leonardo da Vinci’s portrait of Christ Salvator Mundi sells for a record-smashing $450.3 million at Christie’s in New York, more than double the old mark for any work of art at auction.
In 1958, it sold for just $60.
Nearly sixty years later, the piece is sold for over four hundred million dollars.
Leonardo da Vinci's Salvator Mundi, a 500-year-old oil painting of Jesus, has gone under the hammer in New York on Wednesday, November 15 for a record-smashing $450 million after fees, four times over its pre-sale estimate and more than double the old mark for any work of art at auction.
It's is the last privately owned Da Vinci painting and one of fewer than 20 by the Renaissance artist known to exist.
Its whereabouts were unknown until it reemerged in poor condition in a Louisiana auction house in 2005.
The painting has since been restored and was on display in London last month before arriving in New York for the auction.

 By Ogodogun Oghenekevwe

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