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You are here: Home / National News / DaVinci’s Lost Portrait of Christ Sells for a Record $450M

DaVinci’s Lost Portrait of Christ Sells for a Record $450M

November 18, 2017 Posted by Amelia Donovan

DaVinci's Portrait of Christ 'Salvator Mundi'Leonardo da Vinci’s long-lost portrait of Jesus Christ called ‘Salvator Mundi’ (or ‘Savior of the World’) sold for $450.3 million at a New York City action this week. The 500-year-old painting, which was deemed “the greatest artistic rediscovery of the 21st century,” is the most expensive work of art ever sold.

The opening bids started at $100,000 and it took 20 minutes to reach the final bid. The painting’s final price was $400 million but the fees added an extra $50.3 million to the figure. It is unclear who the new owner of the painting currently is as the bidding happened via the phone.

The previous record for a painting was Pablo Picasso’s “Women of Algiers (Version O)” whose final bid hit $179.4 million in 2015. The previous owner of DaVinci’s piece was Dmitry Rybolovlev, a Russian oligarch who tried to sell it privately for $127.5 million in 2013 but a lengthy lawsuit prevented him from doing so.

The two previous known owners of the portrait were King Charles I of England and his successor Charles II. From 1763 to 1900, the painting vanished from all records, a Christie’s spokesperson said.

Painting Sold for $60 in the Late Fifties

In 2005, the work of art, which is believed to be the last DaVinci masterpiece held by a private individual, was discovered in a small auction house in the U.S. At the time, the painting was believed to be a copy.

Ironically in 1958, the masterpiece sold in a London action for just $60.

On Tuesday, hundreds of people lined up outside the building hosting the painting to admire it. Leonardo DiCaprio was among those art lovers. The 43-year-old actor agreed to film a video portrait that captured the effect of the piece of art on those looking at it.

DiCaprio also plans to produce and appear in a movie about the famous painter’s life. The story will be largely based on Walter Isaacson’s writings and be located under the Appian Way in Italy.
Image Source: Wikimedia

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Filed Under: National News

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About Amelia Donovan

Amelia got her feet wet in the captivating world of journalism while still in college, working as the editor of the university’s newspaper. She minored in Journalism and Mass Communication before receiving a scholarship at a prestigious German university. After receiving her bachelor’s degree, Amelia went on to pursue her biggest passions: journalism and science. She enjoys being up to date with any cutting-edge scientific advancements and her minor in biology allowed Amelia to accurately cover particularly interesting medical topics.

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