{"id":13688,"date":"2017-11-15T22:17:00","date_gmt":"2017-11-16T06:17:00","guid":{"rendered":"http:\/\/associatednews.info\/content\/da-vinci-portrait-of-christ-sells-for-record-shattering-450-million\/"},"modified":"2017-11-15T22:17:00","modified_gmt":"2017-11-16T06:17:00","slug":"da-vinci-portrait-of-christ-sells-for-record-shattering-450-million","status":"publish","type":"post","link":"https:\/\/associatednews.info\/content\/da-vinci-portrait-of-christ-sells-for-record-shattering-450-million\/","title":{"rendered":"Da Vinci Portrait Of Christ Sells For Record-Shattering $450 Million"},"content":{"rendered":"<p><span style=\"font-style:italic;font-size:16px\">By  <a target=\"_blank\" href=\"https:\/\/www.npr.org\/sections\/thetwo-way\/2017\/11\/16\/564527819\/da-vinci-portrait-of-christ-sells-for-record-shattering-450-million?utm_medium=RSS&amp;utm_campaign=business\">Scott Neuman<\/a><\/span>  <\/p>\n<div class=\"ftpimagefix\" style=\"float:left\"><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.npr.org\/sections\/thetwo-way\/2017\/11\/16\/564527819\/da-vinci-portrait-of-christ-sells-for-record-shattering-450-million?utm_medium=RSS&amp;utm_campaign=business\"><img decoding=\"async\" width=\"150\" src=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17297311703101_sq-3399205957f2e6dd66e20be36232d701790942a1-s1100-c15.jpg\" alt><\/p>\n<div><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17297311703101_sq-3399205957f2e6dd66e20be36232d701790942a1-s1400.jpg\"><\/a><\/div>\n<div>\n<div>\n<div><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17297311703101_sq-3399205957f2e6dd66e20be36232d701790942a1-s1400.jpg\">Enlarge this image<\/a><\/div>\n<\/div>\n<div>\n<div>\n<div>\n<p>\n                Leonardo da Vinci&#8217;s <em>Salvator Mundi<\/em> on display at Christie&#8217;s auction rooms, in London, last month.<\/p>\n<p>                <b><\/p>\n<p>                    Kirsty Wigglesworth\/AP<\/p>\n<p>                <\/b><b><b>hide caption<\/b><\/b><\/p>\n<\/div>\n<p><b><b>toggle caption<\/b><\/b><\/div>\n<p><span><\/p>\n<p>        Kirsty Wigglesworth\/AP<\/p>\n<p>    <\/span><\/div>\n<\/div>\n<div>\n<div><img decoding=\"async\" src=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17320037567041-fc50984c670d1b29a84ec608a806d5150939c9f0-s800-c15.jpg\" alt><\/p>\n<div><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17320037567041-fc50984c670d1b29a84ec608a806d5150939c9f0-s1200.jpg\">Enlarge this image<\/a><\/div>\n<\/div>\n<div>\n<div>\n<div>\n<p>\n                Bidding representatives react after Leonardo da Vinci&#8217;s <em>Salvator Mundi<\/em> sold for $400 million at Christie&#8217;s, on Wednesday.<\/p>\n<p>                <b><\/p>\n<p>                    Julie Jacobson\/AP<\/p>\n<p>                <\/b><b><b>hide caption<\/b><\/b><\/p>\n<\/div>\n<p><b><b>toggle caption<\/b><\/b><\/div>\n<p><span><\/p>\n<p>        Julie Jacobson\/AP<\/p>\n<p>    <\/span><\/div>\n<\/div>\n<p>A portrait of Christ by Renaissance artist Leonardo da Vinci has shattered all previous records for artworks sold at auction or privately, fetching a whopping $450.3 million on Wednesday at Christie&#8217;s in New York.<\/p>\n<p><em>Salvator Mundi<\/em> (<em>Savior of the World<\/em>), is one of only a score of da Vinci&#8217;s still in existence and the only one held privately.<\/p>\n<p>The bidding opened at $75 million and ran for 19 minutes.<\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.nytimes.com\/2017\/11\/15\/arts\/design\/leonardo-da-vinci-salvator-mundi-christies-auction.html?_r=0\">The New York Times reports<\/a>:<\/p>\n<blockquote>\n<div>\n<p>&#8220;There were gasps throughout the sale, as the bids climbed by tens of millions up to $225 million, by fives up to $260 million, and then by twos. As the bidding slowed, and a buyer pondered the next multi-million-dollar increment, Jussi Pylkkanen, the auctioneer, said, &#8216;It&#8217;s an historic moment; we&#8217;ll wait.&#8217;<\/p>\n<p>Toward the end, Alex Rotter, Christie&#8217;s co-chairman of postwar and contemporary art, who represented a buyer on the phone, made two big jumps to shake off one last rival bid from Francis de Poortere, Christie&#8217;s head of old master paintings.&#8221;<\/p>\n<\/div>\n<\/blockquote>\n<p>The name of the buyer was not immediately released. The final bid was $400 million, but the sale price includes a premium paid to Christie&#8217;s.<\/p>\n<div>\n<div>[embedded content]<\/div>\n<div><b><b>Christie&#8217;s<\/b><b>YouTube<\/b><\/b><\/div>\n<\/div>\n<p>&#8220;<em>Salvator Mundi<\/em> is a painting of the most iconic figure in the world by the most important artist of all time,&#8221; said Loic Gouzer, co-chairman of post-war and contemporary art at Christie&#8217;s was quoted by <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.yahoo.com\/news\/rare-painting-leonardo-da-vinci-auctioned-york-051045114.html?soc_trk=gcm&amp;soc_src=c841dd90-2f8b-350f-8e65-f02648ba998b&amp;.tsrc=notification-brknews\">The Associated Press<\/a> as saying. &#8220;The opportunity to bring this masterpiece to the market is an honor that comes around once in a lifetime.&#8221;<\/p>\n<aside>\n<div><\/div>\n<\/aside>\n<aside>\n<div><\/div>\n<\/aside>\n<p>The 26-inch-tall painting has had an intriguing history. It dates to about 1500 and depicts a figure of Christ dressed in Renaissance-style attire, with the right hand raised in benediction and the left holding a crystal orb.<\/p>\n<p>It was recorded in the collection of King Charles I of England in 1649 but was auctioned to the Duke of Buckingham in 1763. It then disappeared until 1900, over which time it was assumed to have been lost or destroyed.<\/p>\n<p>When it finally resurfaced, it was damaged from restoration attempts and was purchased by British collector Sir Frederick Cook. At the time it wasn&#8217;t seen as an authentic da Vinci, but instead attributed to one of his disciples.<\/p>\n<p>In 2011, <em>Salvator Mundi<\/em> went on public display. At the time, the BBC wrote:<\/p>\n<blockquote>\n<div>\n<p>&#8220;Cook&#8217;s descendants sold it at auction in 1958 for &pound;45 and it was acquired by a US consortium of art dealers in 2005.<\/p>\n<p>&#8220;After undergoing extensive conservation treatment [completed in 2011], it was determined to be an original Da Vinci work.&#8221;<\/p>\n<\/div>\n<\/blockquote>\n<p>It was put on the block for Wednesday&#8217;s auction by Russian billionaire Dmitry Rybolovlev, who had purchased it for $127.5 million in a private sale in 2013.<\/p>\n<p>The previous record for a painting sold at auction was set in 2015 when Pablo Picasso&#8217;s <em>Women of Algiers (Version O)<\/em><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.npr.org\/sections\/thetwo-way\/2015\/05\/11\/406036959\/photos-sculpture-sells-for-141m-picasso-painting-for-179m-both-records\">went for $179 million<\/a> to an anonymous buyer. A private sale of Willem de Koonig&#8217;s <em>Interchange<\/em>, also in 2015, fetched $300 million.<\/p>\n<p><strong><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/blockads.fivefilters.org\/\">Let&#8217;s block ads!<\/a><\/strong> <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\">(Why?)<\/a><\/p>\n<p>Source:: <a href=\"https:\/\/www.npr.org\/sections\/thetwo-way\/2017\/11\/16\/564527819\/da-vinci-portrait-of-christ-sells-for-record-shattering-450-million?utm_medium=RSS&amp;utm_campaign=business\" target=\"_blank\" title=\"Da Vinci Portrait Of Christ Sells For Record-Shattering $450 Million\" rel=\"nofollow\">https:\/\/www.npr.org\/sections\/thetwo-way\/2017\/11\/16\/564527819\/da-vinci-portrait-of-christ-sells-for-record-shattering-450-million?utm_medium=RSS&amp;utm_campaign=business<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"ftpimagefix\" style=\"float:left\"><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.npr.org\/sections\/thetwo-way\/2017\/11\/16\/564527819\/da-vinci-portrait-of-christ-sells-for-record-shattering-450-million?utm_medium=RSS&amp;utm_campaign=business\"><img decoding=\"async\" width=\"150\" src=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17297311703101_sq-3399205957f2e6dd66e20be36232d701790942a1-s1100-c15.jpg\" alt><\/p>\n<div><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17297311703101_sq-3399205957f2e6dd66e20be36232d701790942a1-s1400.jpg\"><\/a><\/div>\n<div>\n<div>\n<div><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17297311703101_sq-3399205957f2e6dd66e20be36232d701790942a1-s1400.jpg\">Enlarge this image<\/a><\/div>\n<\/div>\n<div>\n<div>\n<div>\n<p>\n                Leonardo da Vinci&#8217;s <em>Salvator Mundi<\/em> on display at Christie&#8217;s auction rooms, in London, last month.<\/p>\n<p>                <b><\/p>\n<p>                    Kirsty Wigglesworth\/AP<\/p>\n<p>                <\/b><b><b>hide caption<\/b><\/b><\/p>\n<\/div>\n<p><b><b>toggle caption<\/b><\/b><\/div>\n<p><span><\/p>\n<p>        Kirsty Wigglesworth\/AP<\/p>\n<p>    <\/span><\/div>\n<\/div>\n<div>\n<div><img decoding=\"async\" src=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17320037567041-fc50984c670d1b29a84ec608a806d5150939c9f0-s800-c15.jpg\" alt><\/p>\n<div><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/media.npr.org\/assets\/img\/2017\/11\/16\/ap_17320037567041-fc50984c670d1b29a84ec608a806d5150939c9f0-s1200.jpg\">Enlarge this image<\/a><\/div>\n<\/div>\n<div>\n<div>\n<div>\n<p>\n                Bidding representatives react after Leonardo da Vinci&#8217;s <em>Salvator Mundi<\/em> sold for $400 million at Christie&#8217;s, on Wednesday.<\/p>\n<p>                <b><\/p>\n<p>                    Julie Jacobson\/AP<\/p>\n<p>                <\/b><b><b>hide caption<\/b><\/b><\/p>\n<\/div>\n<p><b><b>toggle caption<\/b><\/b><\/div>\n<p><span><\/p>\n<p>        Julie Jacobson\/AP<\/p>\n<p>    <\/span><\/div>\n<\/div>\n<p>A portrait of Christ by Renaissance artist Leonardo da Vinci has shattered all previous records for artworks sold at auction or privately, fetching a whopping $450.3 million on Wednesday at Christie&#8217;s in New York.<\/p>\n<p><em>Salvator Mundi<\/em> (<em>Savior of the World<\/em>), is one of only a score of da Vinci&#8217;s still in existence and the only one held privately.<\/p>\n<p>The bidding opened at $75 million and ran for 19 minutes.<\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.nytimes.com\/2017\/11\/15\/arts\/design\/leonardo-da-vinci-salvator-mundi-christies-auction.html?_r=0\">The New York Times reports<\/a>:<\/p>\n<blockquote>\n<div>\n<p>&#8220;There were gasps throughout the sale, as the bids climbed by tens of millions up to $225 million, by fives up to $260 million, and then by twos. As the bidding slowed, and a buyer pondered the next multi-million-dollar increment, Jussi Pylkkanen, the auctioneer, said, &#8216;It&#8217;s an historic moment; we&#8217;ll wait.&#8217;<\/p>\n<p>Toward the end, Alex Rotter, Christie&#8217;s co-chairman of postwar and contemporary art, who represented a buyer on the phone, made two big jumps to shake off one last rival bid from Francis de Poortere, Christie&#8217;s head of old master paintings.&#8221;<\/p>\n<\/div>\n<\/blockquote>\n<p>The name of the buyer was not immediately released. The final bid was $400 million, but the sale price includes a premium paid to Christie&#8217;s.<\/p>\n<div>\n<div>[embedded content]<\/div>\n<div><b><b>Christie&#8217;s<\/b><b>YouTube<\/b><\/b><\/div>\n<\/div>\n<p>&#8220;<em>Salvator Mundi<\/em> is a painting of the most iconic figure in the world by the most important artist of all time,&#8221; said Loic Gouzer, co-chairman of post-war and contemporary art at Christie&#8217;s was quoted by <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.yahoo.com\/news\/rare-painting-leonardo-da-vinci-auctioned-york-051045114.html?soc_trk=gcm&amp;soc_src=c841dd90-2f8b-350f-8e65-f02648ba998b&amp;.tsrc=notification-brknews\">The Associated Press<\/a> as saying. &#8220;The opportunity to bring this masterpiece to the market is an honor that comes around once in a lifetime.&#8221;<\/p>\n<aside>\n<div><\/div>\n<\/aside>\n<aside>\n<div><\/div>\n<\/aside>\n<p>The 26-inch-tall painting has had an intriguing history. It dates to about 1500 and depicts a figure of Christ dressed in Renaissance-style attire, with the right hand raised in benediction and the left holding a crystal orb.<\/p>\n<p>It was recorded in the collection of King Charles I of England in 1649 but was auctioned to the Duke of Buckingham in 1763. It then disappeared until 1900, over which time it was assumed to have been lost or destroyed.<\/p>\n<p>When it finally resurfaced, it was damaged from restoration attempts and was purchased by British collector Sir Frederick Cook. At the time it wasn&#8217;t seen as an authentic da Vinci, but instead attributed to one of his disciples.<\/p>\n<p>In 2011, <em>Salvator Mundi<\/em> went on public display. At the time, the BBC wrote:<\/p>\n<blockquote>\n<div>\n<p>&#8220;Cook&#8217;s descendants sold it at auction in 1958 for &pound;45 and it was acquired by a US consortium of art dealers in 2005.<\/p>\n<p>&#8220;After undergoing extensive conservation treatment [completed in 2011], it was determined to be an original Da Vinci work.&#8221;<\/p>\n<\/div>\n<\/blockquote>\n<p>It was put on the block for Wednesday&#8217;s auction by Russian billionaire Dmitry Rybolovlev, who had purchased it for $127.5 million in a private sale in 2013.<\/p>\n<p>The previous record for a painting sold at auction was set in 2015 when Pablo Picasso&#8217;s <em>Women of Algiers (Version O)<\/em><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.npr.org\/sections\/thetwo-way\/2015\/05\/11\/406036959\/photos-sculpture-sells-for-141m-picasso-painting-for-179m-both-records\">went for $179 million<\/a> to an anonymous buyer. A private sale of Willem de Koonig&#8217;s <em>Interchange<\/em>, also in 2015, fetched $300 million.<\/p>\n<p><strong><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/blockads.fivefilters.org\/\">Let&#8217;s block ads!<\/a><\/strong> <a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\">(Why?)<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-13688","post","type-post","status-publish","format-standard","hentry","category-business-2"],"_links":{"self":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/13688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/comments?post=13688"}],"version-history":[{"count":0,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/posts\/13688\/revisions"}],"wp:attachment":[{"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/media?parent=13688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/categories?post=13688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/associatednews.info\/content\/wp-json\/wp\/v2\/tags?post=13688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}