Leonardo Da Vinci Painting Just Sold For $450.3M
On Wednesday, Christie’s sold a painting of Christ that was marketed as “the last Da Vinci” for $450.3 million, setting a record for the price of any work of art ever sold at auction.
“Salvator Mundi” was rediscovered at an estate auction in 2005, where it sold for less than $10,000, and has since been heavily restored. Christie’s made the unusual decision to sell it at a contemporary art sale, rather than the old masters auction, to reach a larger audience of potential buyers — and it did all it could to generate hype for the sale.