On June 11, 2017, Ms. Gund revealed that she intended to use the proceeds from the sale of the painting for a specific purpose: to create a fund that supports criminal justice reform and seeks to reduce mass incarceration in the United States. His Last Supper (149598) and Mona Lisa (c. 150319) are among the most widely popular and influential paintings of the Renaissance. Like we did earlier in this episode, he considered the price that it sold for in 1980. In 2011, the National Gallery included it in the exhibition Leonardo da Vinci: Painter at the Court of Milan. Rybolovlev resold Te Fare in February 2017 at Christie's in London for $25 million. The work, thought to be a 500-year-old portait of Madonna and child, is potentially worth over $150 million (100 million) if experts are able to prove its authenticity. PETERSON-WITHORN: Armand placed the winning bid and paid about $5.6 million for the Codex, which was less than the roughly $10 million that it was reported experts thought it might sell for. Leonardo da Vincis total output in painting is really rather small; there are less than 20 surviving paintings that can be definitely attributed to him, and several of them are unfinished. His notebooks reveal a spirit of scientific inquiry and a mechanical inventiveness that were centuries ahead of their time. But Christie's declined to comment, and a spokesperson for Gates never responded to our questions. Before this, the highest absolute price paid for a painting was 8.1 million (20.4 million in 2021 currency) paid by the J. Paul Getty Museum for Andrea Mantegna's Adoration of the Magi at Christie's in London on 18 April 1985. And so I think it's, you know, not so much, Let's look at it and see what would happen if we took scissors to it and divided it up. But just to say, Here we have something of such significance, partly because it has survived 500 years without, you know, being destroyed.. Finding a new one is rarer than finding a new planet, he said. Various vandals have tried to harm da Vinci's famed masterpiece, and 1956 was a particularly bad year. If all we do is adjust the $30.8 million that Gates paid for it for inflation, that gets us to somewhere around $50 million today. During this first Milanese period he also made one of his most famous works, the monumental wall painting Last Supper (149598) in the refectory of the monastery of Santa Maria delle Grazie (for more analysis of this work, see below Last Supper). According to some sources, the painting had been sold by Argentinian art collector Nelly Arrieta de Blaquier for $300 million,[9] but the price was not confirmed by any of the parties involved.[10]. Nonetheless, the exhibition went a long way toward legitimising a shaky attribution. Six million dollars, thank you. I'm going to show it all over the world.. As a master artist, Leonardo maintained an extensive workshop in Milan, employing apprentices and students. His shares were of limited value when he was given them, but by the time of Facebook's IPO they were valued at around $200 million. A handpicked selection of stories from BBC Future, Culture, Worklife and Travel, delivered to your inbox every Friday. In this room, inon the telephone rather, at $28 million. Bouviers mark-up led to Rybolovlevs criminal complaint in a Mongasque court, alleging a scheme for overcharging him. But there would, there are people in the world that would probably do that. Portrait of Ginevra de' Benci by Leonardo da Vinci. TINDERA: That's Darren Winston. TINDERA: Gates is up against a group from a bank in Milan thats sitting in the front of the Christie's salesroom. TINDERA: Right. Where is the world's most expensive painting? - BBC Culture [11][12] Prices realised for just his nine paintings listed below, when adjusted for inflation to 2017, add up to over US$900million. Soon, the painting was on its way to Christie's. According to the Christie's auction catalogue for the 1994 sale, the Codex was described as being in good and stable condition. Many factors seem to have converged to create this flourishing moment for true art crime. Georgia O'Keeffe holds the record for the highest price paid for a painting by a woman. He also worked in the next-door workshop of artist Antonio Pollaiuolo. Ludovicos fall in 1499 sealed the fate of this abortive undertaking, which was perhaps the grandest concept of a monument in the 15th century. He also pulled together a list of artwork that he found it to be similar to. What by Leonardo can we compare it with? PETERSON-WITHORN: And in fact, that fall he had just appeared atop our Forbes 400 ranking of the richest Americans, with an estimated net worth of $9.35 billion. SIMON: And if you look at the illuminated manuscripts that are from, you know, missiles, and you know, these are Renaissance manuscripts, many of them have been broken apart. So if Saudi Arabia decides that culture is going to be the way it opens up and the Salvator Mundi is going to be a key player in that strategy and the Louvre is offering to exhibit it, then all those things are tied up together.". Madonna and Child with the Infant Saint John the Baptist by Leonardo da Vinci. Guinness World Records lists Leonardo da Vinci's Mona Lisa as having the highest ever insurance value for a painting. Hammer somehow convinced the courts he was increasing shareholder value. Any more? TINDERA: I'm looking through a copy of whats now called the Codex Leicester, which I purchased online for about $30. His curiosity and insatiable hunger for knowledge never left him. This sale tripled the previous record, and introduced a new era in top art sales. At the time bin Salman was trying to burnish Saudi Arabia's image by loosening a few restrictions. Later in 2002, Thomson donated his private collection, including the Rubens, to the. But no one thought it was still worth the $30.8 million Gates paid for it. Why Would Anyone Pay $450 Million for the 'Salvator Mundi'? Because The Most Famous Works of Leonardo Da Vinci | Arthive And my enjoyment in owning these wonderful works of art. Vincent van Gogh, Pablo Picasso, and Andy Warhol are the best-represented artists in the list. Despite the excitement over the sale of the only Leonardo in private hands queues of people had formed around Rockefeller Center in New York to see the canvas many in the art world had wondered if the piece would find a buyer. On the telephone in this room at $28 million. Christies had also found placing the work, despite its celebrity, hard to fathom. for the highest price sold. Leonardo devoted 12 yearswith interruptionsto this task. That boosted this forgotten painting into the limelight and kickstarted the. I wana write a poem about it. And then there's also rarity, or how rare this exact copy or version of a book or manuscript is. He told us via email that his guess would be, "over $100 million." [8] The actual purchase price was not disclosed, because of a confidentiality agreement attached to the private sale. PETERSON-WITHORN: Art is one of the toughest things we value for our lists, because the value is just so subjective, and you really don't know what something will sell for until it hits the auction block. It's not a da Vinci. - Celebrity Net Worth Thanks for having me. Mona Lisa. There is so much information in the public sphere that everyone can have the illusion of being an insider. Amidst all these delightfully tangled histories, nothing rivals the Salvator Mundi. Both sold at Sotheby's in Monaco on the same date in 1989. Lady with an Ermine by Leonardo da Vinci. Gifted with a curious mind and a brilliant. All the Leonardo Da Vincis in the world: rated | Leonardo da Vinci She tells BBC Culture, "Since then, Dianne Modestini continued to work on it. Art restorer Dianne Modestini in a scene from The Lost Leonardo, one of two new documentaries about the Salvator Mundi (Credit: Sony Pictures Classics/Entertainment Pictures). A major turning point came when the painting was controversially displayed as an authentic Leonardo at a 2011 exhibition at the National Gallery in London. The case led to the resignation of Monacos then justice minister, Philippe Narmino. Leonardo da Vinci. Leonardo da Vinci painting sells for $450m at auction, smashing records Unless new documentation surfaces (unlikely after all these centuries), or a new scientific method of authentication arrives (also tricky because the work has been so damaged), the mystery may prove eternal. Guinness World Records lists Leonardo da Vinci's Mona Lisa as having the highest ever insurance value for a painting. Quiz: Ancient Illustrations Showing Us the Way, https://www.britannica.com/biography/Leonardo-da-Vinci, Social Studies for Kids - Biography of Leonardo da Vinci, Humanities LibreTexts - Leonardo da Vinci, Art Encyclopedia - Biography of Leonardo Da Vinci, University of California Museum of Paleontology - Biography of Leonardo da Vinci, Web Gallery of Art - Biography of Leonardo da Vinci, Leonardo da Vinci - Children's Encyclopedia (Ages 8-11), Leonardo da Vinci - Student Encyclopedia (Ages 11 and up), Art and accomplishment: Leonardo as artist-scientist, Art and accomplishment: Painting and drawing. Christie's billed the painting as an original work by Leonardo da Vinci himself. The rest are owned by museums around the world. With its sleek narrative and a wide range of voices from dealers to art historians to investigative journalists, The Lost Leonardo is the better of the two films, and benefits greatly from using Modestini as its main character. They brought it to Dianne Modestini, a highly respected restorer, who removed decades of grime and overpainting, and was the first to suspect it might be a true Leonardo. In the film, the art historian Frank Zllner, who has compiled a catalogue raisonn of Leonardo's paintings, wryly calls the Salvator Mundi "a masterpiece by Dianne Modestini," who made it "more Leonardesque than Leonardo had done." A list in another currency may be in a slightly different order due to exchange-rate fluctuations. CBS CLIP, CONNIE CHUNG: You know, you may be the richest man in America, or at least the second-richest man in America.