Arte e Cultura
Leonardo da Vinci's Painting 'Salvator Mundi' Sold for USD 450.3 million on Wednesday as Predicted by Artprice (USD 450/500 million)
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A painting by Italian artist LEONARDO DA VINCI, 'Salvator Mundi", sold for $450.3 million on Wednesday at Christies's New York , breaking the world record for the most expensive painting ever sold.
Ehrmann recalls that it is not so much less than the French auction market's revenue in a whole year: $579 million for 69,500 lots sold in 2016. This is also about what all the entire Old Masters segment's sales are worth in over 12 months: $558 million in 2016. This art period defined as the Old Masters has become the smallest segment of the Art Market, well below the Contemporary Art, $1 .1 billion in 2016.
After a bidding sequence that lasted 19 minutes, Salvator Mundi (Savior of the World), the last Da Vinci painting still in private hands, demolished the world's all-time Fine Art auction record set by Pablo Picasso's at $179 .4 million in 2015.
With last night's sale, Christie's broke with traditions by mixing artistic periods, thereby confirming the eminently spectacular nature of Contemporary & Post-War Art sales, and the fact that Contemporary Art is now very much the art market's primary motor.
Copyright thierry Ehrmann 1987/2017
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