HighlightTop Story

Da Vinci art work depicting Jesus Christ sells for $450m in auction record

489

The whopping price dwarfed the previous record for the most expensive piece of art sold at auction, set at $179.4 million for Pablo Picasso’s “The Women of Algiers (Version O)” by Christie’s in 2015.

 The auction house says “Salvator Mundi” or “Savior of the World” is one of fewer than 20 Da Vinci paintings in existence that are generally accepted as from the Renaissance master’s own hand.

All other known paintings by Da Vinci are held in museum or institutional collections.

“An historic moment here. We’ll wait,” said auctioneer Jussi Pylkkanen in a brief pause in bidding at $300 million.

He eventually hammered the painting at $450 million. The final price came to $450.3 million including the buyer’s premium.

The work was exhibited at The National Gallery in London in 2011, after years of research trying to document its authenticity after it was found, mistaken for a copy, in a regional US auction in 2005.

Before that it had disappeared for years, previously fetching a mere 45 pounds ($60 in today’s money) in 1958 as a believed copy.

Christie’s said pre-sale that the painting’s rarity was difficult to overstate. For years it was presumed to have been destroyed, emerging only in 2005 when it was purchased from a US estate.

 

Leave a comment

Related Articles

Breaking: Osun council poll: Police disrupt exercise, seal off OSSIEC

The Chairman of the Osun State Independent Electoral Commission, Mr. Hashim Abioye,...

Just in: Gov. Adeleke casts his vote as Osun LG poll kicks off

Amidst controversy and opposition from some quarters, Osun State Governor Ademola Adeleke...

Nigeria’s Power Minister Leads Delegation to Japan for Energy Collaboration Talks

By Joycelyn Ellakeche Adah The Minister of Power, Dr. Adebayo Adelabu along...

Police defy court order, call for suspension of Feb. 22 Osun council polls

In spite of a court order directing the conduct of council polls...

31 new states’ requests fall short of constitutional requirements – Deputy Speaker Kalu

Amidst the ongoing debate on the requests for creation of 31 new...

Just in: Court orders OSSIEC to conduct Osun LG Polls

Justice Adeyinka Aderibigbe of the Osun State High Court has ruled that...

Just in: Court orders final forfeiture of $4.7m, N830m, properties linked to Emefiele

In a significant ruling, Justice Yellim Bogoro of the Federal High Court...

Gov. Adeleke stands firm, vows to conduct council polls despite AGF’s objections

Despite a directive from Attorney-General of the Federation (AGF) and Minister of...

Just in: Some parts of Abuja to experience 7-hour power outage – TCN

Abuja’s prolonged power outage persists, with the Transmission Company of Nigeria (TCN)...

ECOWAS, UN Joint Mission to Support Peace Efforts in Guinea Bissau

A joint mission of ECOWAS and the UN Office for West Africa...

Afenifere slams IBB’s belated admission on Abiola’s June 12, 1993 election victory as hollow, too little, too late

Unimpressed by ex-Head of State Ibrahim Babangida’s admission that the late Chief...

NFF Suspends Two Referees Over Controversial Penalty Decision

The Nigeria Football Federation (NFF) has suspended two referees, Ayeni Ridwan Olatunji...

Nigeria’s oil rig count to hit 50 in March to achieve 2 million bpd target, says NUPRC Boss Komolafe

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the country’s...

Tinubu hails IBB’s courage, patriotism for acknowledging Abiola’s 1993 election win

President Bola Tinubu has lauded what he called former military Head of...

VP Shettima Unveils Ambitious ‘Nutrition 774 Initiative’ to Combat Malnutrition in 774 Council Areas

Nigeria’s Vice President, Sen. Kashim Shettima, has urged state governors, ministers, local...

Fire at Cawthorne Channel 1 Barges: NNPCL Emergency Team Swiftly Contains Outbreak, No Casualties

A swift response by the Nigerian National Petroleum Company Limited (NNPCL) emergency...

NFF Sets Deadlines for Federation Cup Finals, CAF C-Licence Course

The Nigeria Football Federation (NFF) has issued a firm directive requesting all...

Nigeria’s Central Bank Holds Interest Rate Steady at 27.50%

The Central Bank of Nigeria (CBN) has decided to hold all parameters...

32 years after, Babangida finally admits Abiola won June 12 presidential poll in new memoir

In a shocking admission, Nigeria’s former Head of State, retired General Ibrahim...

Dispute Over Seating Arrangement Creates Tension in Senate, Pits Akpoti-Uduaghan Against Leadership

Tensions flared in the Senate on Thursday as Senator Natasha Akpoti-Uduaghan clashed...