INTERNATIONAL NEWS - Leonardo da Vinci’s portrait of Christ Salvator Mundi sold for a record-smashing $450.3 million (R6.4 billion) on Wednesday at Christie’s in New York - more than double the old mark for any work of art at auction.
The painting, which once sold for a mere $125 (R1,797), was only recently rediscovered. It was the last da Vinci left in private hands and fetched more than four times the Christie’s pre-sale estimate of about $100 million (R1.4 billion).
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 $179.4 million (R2.5 billion) in May 2015.
Salvator Mundi (Savior of the World) was purchased by an unidentified buyer bidding via telephone after a protracted bidding war that stretched to nearly 20 minutes at the New York auction house.
Da Vinci portrait sells for record R6,4 billion
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