Known as “The Last da Vinci,” this painting is one of 16 paintings by Leonardo that is still in existence today, and the last known work still in a private collection. This sale smashed the record for the most expensive piece of art ever sold – making history. The last remaining record was held at $300 million, privately sold. Before the sale, art appreciators from around the world lined up for viewings held in Hong Kong, London, San Francisco, and New York, to catch a glimpse at the rediscovered Da Vinci painting.
The bidding for this painting went on for 20 minutes – jumping by 20, then 30 million each bid. The buyer has now been revealed to be Saudi Arabia’s Crown Prince Mohammed bin Salman. Meanwhile, the art community still recovers from shock.
Such a bidding war has art buyers wringing their hands over the future economics of art dealings. Forecasting has put the first $1 billion painting to be sold in 2030 with the current trendline!
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Another interesting painting sold 2017 was Andy Warhol (1986) Sixty Last Suppers for $63.3 million!!!
The above painting fetches such a price is understandable- it's just so rare & precious.
ReplyDeleteBut Andy Warhol's 60 last suppers for $63.3 million is insane.