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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. But it does have two anonymous sources, their faces hidden on camera, identified as high-ranking French government officials who had access to the Louvre's studies of the painting and to the French-Saudi negotiations. [11][12] Prices realised for just his nine paintings listed below, when adjusted for inflation to 2017, add up to over US$900million. 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. In 1482 Leonardo moved to Milan to work in the service of the citys dukea surprising step when one realizes that the 30-year-old artist had just received his first substantial commissions from his native city of Florence: the unfinished panel painting Adoration of the Magi for the monastery of San Donato a Scopeto and an altar painting for the St. Bernard Chapel in the Palazzo della Signoria, which was never begun. Georgia O'Keeffe holds the record for the highest price paid for a painting by a woman. Billionaires just live in a different world. 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.". The most famous paintings, especially old master works created before 1803, are generally owned or held at museums, for viewing by patrons. At an auction held at Christie's New York in 2016 during a contemporary art event, Salvator Mundi by Leonardo da Vinci turned into the most expensive painting ever sold, selling for $450 million at the end of a nineteen-minute bidding war. SIMON: This is the clipping that I had taken out of the New York Times in 1980, when it was to be auctioned when Armand Hammer bought it. Fifty-fivefive-point-five million dollars to start it. ARCHIVAL CLIP OF ARMAND HAMMER: I guess I'm wearing a great many hats. And it was a challenge. The only non-Western modern artwork listed is that of the Chinese-French painter Zao Wouki's oil painting Juin-Octobre 1985, which was sold for $65 million in 2018. Lady with an Ermine by Leonardo da Vinci. TINDERA: Hypothetically though, Simon explained that our logic of taking one drawing and reviewing the sale price of that to extrapolate what a whole manuscript filled with drawings might be worth was something he considered in his own appraisal. Before the auction opened, the 500-year-old Leonardo da Vinci painting was estimated to sell for $100 million. The painting disappeared from 1763 until 1900, when it was bought by Sir Charles Robinson as a work by Bernardino Luini, a follower of Leonardo. Twenty-eight million dollars, then. In the end, the picture was placed in Christies postwar and contemporary evening sale, wedged between lots of work by Cy Twombly, John Currin, Keith Haring and Jean-Michel Basquiat. Scholars have been unable to agree in their attributions of these works. Thanks for having me. One of the sources says the Louvre concluded that Leonardo merely "contributed to the painting," but that bin Salman would only approve the loan if the Salvator Mundi were labelled an authentic Leonardo. Leonardo da Vinci. The painting sold for $119,922,500, Picassos Nude, Green Leaves and Bust (1932) sold at Christie's in New York for $106,482,500, Lhomme qui Marche I (1961) by Alberto Giacometti sold for 65,001,250 ($105,182,398) at Sothebys in London, Picassos Boy With a Pipe (1905) sold at Sotheby's in New York for $104,168,000, Gustav Klimts Portrait of Adele Bloch-Bauer II (1912)went under the hammer at Christies New York and sold for $87,936,000, Francis Bacons Triptych (1976) sold for $85.9m to oligarch Roman Abramovich, A Chinese 18th century Qianlong dynasty porcelain vase sold for 53,100,000 ($85,921,461) at Bainbridges auction house in London, Dora Maar au Chat (1941) by Pablo Picasso sold for 51,560,080 ($83,429,503) at Sotheby's in London, Portrait of Dr Paul Gachet (1890) by Vincent van Gogh sold for $82,500,000 (50,985,692) at Christies in New York, Thank you all for your bidding, said Pylkknen. It's worth at least what Gates paid for it. Biography Of Leonardo da Vinci: How Old Is Leonardo da Vinci | Net Worth | People ProfilesPeople Profiles is a channel that dives deep into the lives of some. The Burlington House Cartoon by Leonardo da Vinci. They arrive in the wake of Ben Lewis's high-profile 2019 book, The Last Leonardo, and dozens of articles. I expected to pay much more. Omissions? Record private sales are believed to include $250m for a painting by Paul Czanne and $300m for a Paul Gauguin. The series is full of conspiracy theories about the never-solved robbery. Last Supper (c. 1495-98) Leonardo da Vinci: Last Supper Images Group/REX/Shutterstock.com. Leonardo da Vinci paintings that is on public display in the Western Hemisphere. Since the museums rarely sell them, they are considered priceless. Amid all of that the Codex went back to Christie's in 1994, where it was once again expected to bring $10 million. It is Oil on wood and measures 168 x 130 cm (5 1/2 x 4 1/2 ft.). 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. Therell never be another painting that I shall sell for more than this painting tonight.. If one drawing sold for $12 million, that would mean that he could sell off this whole book clipped to pieces and earn something like $4 billion. But we ended up contacting others who we thought might know the work well, too. The writings in his notebooks suggest that he may have been a vegetarian, and there is also some speculation that he may have been gay. Its the zenith of my career as an auctioneer. Updates? We know quite a bit about Leonardo's life from a mini-biography by Giorgio Vasari, a Leonardo fanboy and the world's first art historian.Born a nobody, Leonardo was a charismatic and complicated man self confident and not, driven and not, distracted and not. TINDERA: Right. For her part, Modestini has documented her work and the scientific studies of the painting, and published them online. TINDERA: Hammer is also the great-grandfather of Hollywood actor Armie Hammer. The original one is now located at Muse du Louvre, Paris. His was the last name on the 1988 provenance list; painting came from "a private collection in Arizona". "As long as this painting is hidden from the world and the future and fate of this painting is unknown, it's going to be clouded in a realm of mystery and the world will be ready to read anything new. But many experts think she did a drastic over-restoration. While Hammer was alive, we reported that Oxy shareholders sued three times asking to be reimbursed for what Hammer spent on art and the museum. PETERSON-WITHORN: Exactly. But now the Salvator Mundi has become the poster boy for the volatile mix of money, power and geopolitics that defines the art world today. It would not draw more than the Salvator Mundi, which sold for $450 million. TINDERA: Slicing up and selling off a beautiful manuscript or book is not without precedent, though, Robert explained to us. And my background is as an art historian. TINDERA: In his appraisal Simon selected five comparable works all from the Renaissance era. Back in 1980 according to an Associated Press report, the man who was the Earl of Leicester at the time decided to sell the Codex, which had been part of the Earl's estate for more than 250 years. He had just gotten married to Melinda Gates on New Year's Day of that year and was in the middle of building his multi-million-dollar mega mansion, Xanadu 2.0. MASSEY: Still with me then at five-million five hundred thousand, five-million eight hundred thousand, five-million eight hundred thousand. Price excludes sales commission and other costs. PETERSON-WITHORN: Two were da Vinci drawings of draperies. It depicts the dramatic scene described in several closely connected moments in the Gospels, including Matthew 26: . CLIP OF BILL GATES: Taking Leonardo's notebook and translating them so everybody can understand the way that da Vinci thought a little better than before is very important. But as it turned out, he also had his own personal connection to the Codex. When it sold in 1994, it was also expected to sell for $10 million, but ended up selling for three times that. The Last Supper by Leonardo da Vinci. The Return to Italy - the Mona Lisa disappeared from the Louvre Museum in 1911. As he would throughout his life, Leonardo set boundless goals for himself; if one traces the outlines of his work for this period, or for his life as a whole, one is tempted to call it a grandiose unfinished symphony.. Since the painting first arrived at the Louvre in 1815, "Mona Lisa" has received plenty of love letters and flowers from admirers. It's with you at $28 million. Following the French Revolution it was moved to the Louvre. And to put into perspective, how much less art sold for 40 years ago, the sale of the Codex was the fifth-highest price for any piece of art sold at auction ever. Because the Louvre cannot comment on privately-owned works it has not displayed, the book can't be published, and at first, Cole says, the museum denied its existence. Most art world observers thought the Salvator Mundi would be the centrepiece of a new museum or art centre in the region, but the painting has not been glimpsed in public since. 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). July 8, 2021. But no one thought it was still worth the $30.8 million Gates paid for it. Leonardo da Vinci (1452-1519) is one of the most intriguing personalities in the history of Western art. He also pulled together a list of artwork that he found it to be similar to. ARCHIVAL CLIP OF ARMAND HAMMER: Another hat is my hobby for collecting art. Leonardos artistic inclinations must have appeared early. It suffers from not having Modestini or some other compelling central figure. Simon has said that it took a couple of years after they bought the painting to become convinced himself that he was dealing with an original work by Leonardo. "When we chose the title," Andreas Dalsgaard, a producer and a writer of The Lost Leonardo, tells BBC Culture, "the inspiration was partly that the painting is lost right now and the truth is lost, but it was also inspired by movies like the Indiana Jones movies that are full of treasures and treasure hunts.". There are a great many superb extant pen and pencil drawings from this period, including many technical sketchesfor example, pumps, military weapons, mechanical apparatusthat offer evidence of Leonardos interest in and knowledge of technical matters even at the outset of his career. As a master artist, Leonardo maintained an extensive workshop in Milan, employing apprentices and students. He needed to do that because in order to pay the inheritance taxes on a previous Earl of Leicester, who died in 1976, they needed to sell off some stuff. We asked Robert, if the Codex if it went up for sale again, could it compete with the Mundi's price? Months earlier, he had appeared on the cover of Forbes, and he was a member of our very first Forbes 400 ranking. He's the head of the Books, Maps and Manuscripts department at Freeman's Auction House in Philadelphia. She tells BBC Culture, "Since then, Dianne Modestini continued to work on it. Hi, Chase. Leonardo devoted 12 yearswith interruptionsto this task. TINDERA: Gates is up against a group from a bank in Milan thats sitting in the front of the Christie's salesroom. The subjects range from Inigo Philbrick, criminally charged with defrauding clients by selling more than 100% of shares in artworks, to a golden Egyptian coffin whose smuggled past came to light after Kim Kardashian was photographed next to it at the Metropolitan Museum's Costume Institute gala. The sale of Salvator Mundi, which was painted around 1500 and presumed lost until early this century, was Rybolovlevs largest to date. Any more? TINDERA: So back in November 1994, Microsoft cofounder Bill Gates was 39 years old and pretty much at the top of his game. 7 | The Macklowe Collection | | Sotheby", "Sale Offers a Reason for Relief at Sotheby's", "Ming Dynasty Scroll Sells for Record $77 Million at Auction", The Collection of Eleanore and Daniel Saidenberg, Francis Bacon (19091992) Portrait of George Dyer Talking, Francis Bacon Work Sells for $70 Million at Christies Auction, "sGallery: A Gauguin and a van Gogh Change Hands", Andy Warhol's "Four Marlons" auction results, "Magritte 'Masterpiece' Sells for Record-Breaking $79.8 M. During Sotheby's Sale", "China auction sees Qi Baishi painting sell for $65m", "The buyer of 422.5 Million Qi Baishi painting revealed", "What Are The Top 10 Al-Thani Family Art Acquisitions? TINDERA: Now the audience in the room doesnt know this, but a representative for Microsoft cofounder Bill Gates is bidding on the phone. On November 20, 2014 at Sotheby's, the Crystal Bridges Museum of American Art bought her 1932 painting Jimson Weed/White Flower No. 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. DARREN WINSTON: Once we've decided that the book is worth looking at for its condition, for its provenance. Taking inflation into account, the 1962 value would be around US$900 million in 2021.[3]. The sale places Salvator Mundi as the highest-priced work sold privately or at auction, including Pablo Picassos 1955 Women of Algiers (Version O), sold for $179.4m, and Amedeo Modiglianis 1917-18 Reclining Nude, sold for $170.4m. PETERSON-WITHORN: Thanks for listening to Priceless. A Leonardo, even one as dulled as this, could prove an amusing conversation piece. Now There's No Sign of It", "Leonardo da Vinci Painting 'Salvator Mundi' Sells for $450.3 Million", "Billionaire Griffin Pays $500 Million for Two Paintings", Welt-online: Das Rtsel vom teuersten Bild aller Zeiten, "Qatar Purchases Czanne's The Card Players for More Than $250 Million, Highest Price Ever for a Work of Art", "Lawsuit Reveals Gauguin Painting Was Not World's Most Expensive", "Gauguin Painting Is Said to Fetch Nearly $300 Million", "Russian Billionaire Seeks to Pull Sotheby's Into Art-World Fight", "The tangled history of Klimt's '$170m' Water Serpents", "The Billionaire, the Dealer, and the $186 Million Rothko", Portraits of Maerten Soolmans and Oopjen Coppit by Rembrandt, an exceptionnal acquisition exhibited at the Muse du Louvre, "Buyer of record-setting Picasso painting revealed", "Picasso and Giacometti Artworks Top $120 Million Each at Christie's Sale", "Netherlands to buy Rembrandt Standard Bearer self-portrait", "The Netherlands Is Ready to Spend $198 Million to Bring a Rembrandt Self-Portrait Back Home for Good", "Chinese Taxi Driver Turned Billionaire Bought Modigliani Painting", "With $170.4 Million Sale at Auction, Modigliani Work Joins Rarefied Nine-Figure Club", A Pollock Is Sold, Possibly for a Record Price, "Auction Sales Down at Christie's, Sotheby's and Phillips, in a Challenging 2016", "Agnes Gund Sells a Lichtenstein to Start Criminal Justice Fund", "Steve Cohen buys Roy Lichtenstein's 'Masterpiece' for $165 million", Lauder Pays $135 Million, a Record, for a Klimt Portrait, $616 Million Poorer, Hedge Fund Owner Still Buys Art, "The Gustav Klimt Painting Oprah Reportedly Sold for $150M Has Quite a Story", "Francis Bacon triptych smashes art auction record", Buyer of $142.4 Million Bacon Triptych Identified as Elaine Wynn, "Bacon's Study of Freud Sells for $142.4 Million", "Qi Baishi Just Became the First Chinese Artist to Break the $100 Million Mark at Auction", An Art Mystery Solved: Mogul Is 'Scream' Buyer, "A $100 Million Mystery: A Russian, His Art, and His Big Losses", "Planting a Johns 'Flag' in a Private Collection", "Who Bought the Brody Picasso for $106m? See a gallery of the world's most expensive paintings, Leonardo da Vincis Salvator Mundi sold for $400 million at Christies ($450.3m, including auction house premium), One of four versions of The Scream created by Munch and the only one that is privately owned. And Lewis has a new eight-episode podcast, Art Bust: Scandalous Stories of the Art World, which promises stories of "the ugliest crimes, the biggest scandals and the murky in-between." In November 2017 Saudi crown prince Mohammed bin Salman paid $450 million for a da Vinci painting. I'm an art dealer in New York. Qi Baishi "Twelve Landscape Screens" (1925): $148.7 million 7. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. ", Leonardo da Vinci's Salvator Mundi was sold by Christie's in 2017 for a record-breaking $450 million (Credit: Photo by Ilya S Savenok/Getty Images for Christie's Auction House). Leonardo da vinci was an Artist, Scientist and Inventor.He was Born in April 15, 1452 in Vinci, Italy. It's on the last telephone at $28 million. The saleroom erupted in cheers and applause. TINDERA: But admittedly, Darren told us that he wasn't a da Vinci, or Codex expert and was hesitant to put a value on it out of the gate. 1503-1519). "A Botticelli Portrait Sells for $92 Million at Sotheby's Auction", "Christie's 'Secret Weapon' in Rockefeller's 'Sale of the Century' | Auctions News | THE VALUE | Art News", "Claude Monet (18401926), Nymphas en fleur", Greatest German Renaissance Madonna sold by prince, Vincent van Gogh (18531890) Laboureur dans un champ, U.K. Buys Titian Diana Painting for 50 Million Pounds, Titian deal paves way for next acquisition, "Mark Rothko: No. So Gates sort of went out and bought the ultimate book. TINDERA: Okay, so to recap, when it sold in 1980, it was expected to sell for $10 million, but ended up going for half that. The unique fame that Leonardo enjoyed in his lifetime and that, filtered by historical criticism, has remained undimmed to the present day rests largely on his unlimited desire for knowledge, which guided all his thinking and behaviour. After the sale, Pylkknen said the sale had been his ultimate privilege. [13][14], Among the listed top 89, only six are paintings by non-Western artists. A handpicked selection of stories from BBC Future, Culture, Worklife and Travel, delivered to your inbox every Friday. The abrupt $20m and $30m jumps in price were indeed unusual, Cerutti confirmed. It then disappeared again until it was bought at a small U.S. auction house in 2005. Amidst all these delightfully tangled histories, nothing rivals the Salvator Mundi. He currently resides in Vinci, Italy. A lost painting by Leonardo da Vinci may have been found in a Scottish farmhouse, reported The Daily Mail. He also worked in the next-door workshop of artist Antonio Pollaiuolo. Freeman's was founded in 1805, and is actually America's oldest auction house. In 1993, Simon was hired by the trustees of the Armand Hammer Museum to do an appraisal of the Codex back when it was known as the Codex Hammer. The earliest sale on the list below (Vase with Fifteen Sunflowers by Vincent van Gogh) is from March 1987; with a price of 24.75 million (74.1 million in 2021 currency). Edvard Munch "The Scream" (1895): $135.2 million 9. He Died in May 2, 1519 in Amboise, Kingdom of France.His Famous works includes Mona Lisa, The Last Supper, The Vitruvian Man Style/Period: High Renaissance Biography. Leonardo da Vinci was described as having a gracious but reserved personality and an elegant bearing. Everyone agreed, like Robert Simon said, that were it to go up for auction today. In particular, Qi Baishi's Twelve Landscape Screens was sold for $140.8 million in 2017. It looks interesting. MASSEY: Nineteen-million five hundred thousand I'll be happy to take. Portrait of Ginevra de' Benci by Leonardo da Vinci. SIMON: The Codex is something that for most of the year, let's say you have to keep it under lock and key and out of the light. Bouviers mark-up led to Rybolovlevs criminal complaint in a Mongasque court, alleging a scheme for overcharging him. And trying to balance them And of course, one of the things in doing an appraisal like this is you just don't put them in a mix, whatever. And then there's also rarity, or how rare this exact copy or version of a book or manuscript is. Christies sells long-lost Salvator Mundi, artwork billed as biggest discovery of the 21st century, for $400m plus auction house premium. The auction house would not reveal the identity of the buyer or even the region from which they came. But one key difference between my version and the one Bill Gates owns is that while my version is bound in the middle, like any typical hardcover book, every page of the original Codex Leicester is held in glass to make it easier to view all the pages. She spent years restoring the painting, and passionately defends its authenticity in precise detail, pointing out the pentimento under Christ's thumb or a curve of his mouth that could only be Leonardo's. Self-portrait as Archangel Gabriel unveiled, Queen's Leonardo da Vinci drawings to be shown across UK cities, Salvator Mundi by Leonardo Da Vinci before and after restoration. Early Life: Verrocchio's Pupil. A tempera and oil mural on plaster, "The Last Supper" was created for the refectory . TINDERA: I'm Michela Tindera, and this is Priceless. That he gave up both projects seems to indicate that he had deeper reasons for leaving Florence. Leonardo da Vinci was a Renaissance painter, sculptor, architect, inventor, military engineer and draftsman the epitome of a true Renaissance man. [6] Though the Louvre Museum had turned down the opportunity to purchase it for 100 million,[7] the painting was estimated to sell for $110 to $170 million. During his second period in Florence (1500-1508), he painted his most famous work, the Mona Lisa (ca. At that time this was the 4th highest (unadjusted) price at auction and 10th highest price on this list. 1 (Royal Red and Blue)", "Claude Monet (18401926), Odalisque couche aux magnolias", "Basquiat Tops Phillips Contemporary Sale at $85 Million", "Titian masterpiece Diana and Callisto saved for nation", "No. - The world's greatest art detective, - The men who Leonardo da Vinci loved, - The detail that unlocks the Mona Lisa. On July 12, 2011, $75M was equivalent to 53M. Mona Lisa. ROBERT SIMON: My name is Robert Simon. They bought it from an auction in Louisiana for just over $1,000. Its the last painting by Leonardo, the greatest of all Renaissance artists, and it had an appeal to collectors from all parts of the world., Every major scholar of Leonardos work accepts the picture and has for the past decade, he said, addressing questions over the paintings authenticity and condition, adding: Its not in flawless condition, its 500 years old and absolutely has the presence and condition of a true Leonardo..