Advertisement
Auctions
Culture

US$450 million paid for Da Vinci painting of Jesus at New York auction, smashing art sales records

Gasps punctuate the protracted bidding for Salvator Mundi, the only Da Vinci still in private hands, with bids rising US$20 million at a time as two would-be buyers duel over the phone for possession of the work

2-MIN READ2-MIN
Christie’s global president Jussi Pylkkanen takes the winning hammer bid of US$400 million on “Salvator Mundi” by Leonardo da Vinci at auction in New York. The buyer will pay a total of US$450.3 million for the painting. Photo: EPA
Enid TsuiandAssociated Press

A painting of Jesus by Leonardo da Vinci became by far the most expensive piece of art ever sold at auction on Wednesday when it was knocked down for US$450 million at Christie’s in New York.

Frequent gasps were heard in the sale room as Jussi Pylkkanen, Christie’s global president, drew out aggressive bids from the remaining two phone bidders after the price passed the US$200 million mark.

“Salvator Mundi”, a portrait of Jesus Christ that dates to about 1500, was the last privately owned Leonardo da Vinci painting. Photo: Reuters
“Salvator Mundi”, a portrait of Jesus Christ that dates to about 1500, was the last privately owned Leonardo da Vinci painting. Photo: Reuters
Advertisement

On several occasions, the final bids came in at US$20 million and US$30 million increments.

Eventually, Alexander Rotter, co-chairman of the Post-war and Contemporary Art department in New York, made the final US$400 million bid from a client, who will be paying US$450,312,500, including fees. The buyer’s identity was not disclosed.

Advertisement

The price was more than twice the old record for any work of art, set by Picasso’s Les Femmes D’Alger, which sold for US$179.4 million in May 2015.

A woman holds up a paddle with the likeness of Leonardo da Vinci’s “Salvator Mundi” as she arrives at the Christie’s sale. Photo: AFP
A woman holds up a paddle with the likeness of Leonardo da Vinci’s “Salvator Mundi” as she arrives at the Christie’s sale. Photo: AFP
Advertisement
Select Voice
Select Speed
1.00x