Before the 2015 sale, it had last sold in November 1997 for $31.9 million to a collector from Saudi Arabia. It was in good condition at the time of sale, so it was a special find for anyone able to pay the price.
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This piece is one of Picasso’s boldest and most notable from a series of paintings he produced between 19. At the time, it was the highest price on record for an auctioned painting. Eventually, the painting was awarded to a phone bidder with Brett Gorvy, Christie’s international head of contemporary art, for $179.4 million. After the bidding surpassed $120 million on the night of the sale, five bidders slowly drove the price forward, often by just $1 million at a time.
Sold for: $179.4 million at Christie’s (May 11, 2015)Īt Christie’s 2015 “Looking Forward to the Past” sale showcasing 20th-century art, Pablo Picasso’s Les Femmes d’Alger (“Version O”) was estimated to take home $140 million by pre-auction speculations. Pablo Picasso, Les Femmes d’Alger (“Version O”), 1955
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The piece also underwent numerous conservation and cleaning efforts, which sparked conversation around how to classify the painting-how original is it? 2. Many thought of the sale as one of notoriety and brand recognition, rather than of appreciation and respect of the painting’s gravitas. Years of research pieced together its story, finally enabling its attribution to Leonardo da Vinci.ĭespite its historical significance, this landmark sale brought forth conflicting opinions. Due to being out of the public eye since 1958, it was somewhat of a salvage project-with an unknown history and hidden by numerous overpaints, it was long mistaken for a copy. After its 2005 sale, years of work and research ensued to uncover its true identity. Rybolovlev in 2005, whose trust sold it at the 2017 auction. Prior to its sale at Christie’s, the painting attracted a myriad of owners and price tags over the years: from selling for £45 at Sotheby’s in 1958 to a $127.5 million purchase price for Russian billionaire Dmitry E. Shattering previous records and exceeding auction expectations, the sale underscored market demand for the artist’s rare auction appearances, and the competition among collectors to own a work of such caliber and distinction.
The world’s most expensive painting to sell at auction is Leonardo da Vinci’s Salvator Mundi, which sold for $450.3 million on Novemat Christie’s. Painting attributed to Leonardo da Vinci, “ Salvator Mundi,” circa 1490–1500.
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