And so, you've got the painting itself is you know, much more of a rare object. Everyone agreed, like Robert Simon said, that were it to go up for auction today. What was Leonardo da Vincis family like? When he was about 15, his father, who enjoyed a high reputation in the Florence community, apprenticed him to artist Andrea del Verrocchio. The original one is now located at Muse du Louvre, Paris. On July 12, 2011, $75M was equivalent to 53M. 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. 1503-1519). Leonardo da Vinci. We also spoke with Stephen Massey, who we heard at the beginning of this episode. Both sold at Sotheby's in Monaco on the same date in 1989. She tells BBC Culture, "Since then, Dianne Modestini continued to work on it. And we're going to show you how we narrowed that range to settle on one number. It depicts the dramatic scene described in several closely connected moments in the Gospels, including Matthew 26: . He was also frequently consulted as a technical adviser in the fields of architecture, fortifications, and military matters, and he served as a hydraulic and mechanical engineer. PETERSON-WITHORN: Two were da Vinci drawings of draperies. She even has her own mailbox. 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. It's not exactly known why he did that. But if our maximum value isn't $4 billion, then what is it? This episode was reported by Michela Tindera, produced by Michela Tindera and Jonathan Palmer, with additional research by Sue Radlauer. While every effort has been made to follow citation style rules, there may be some discrepancies. Trained in Florence as a painter and sculptor in the workshop of Andrea del Verrocchio (1435-1488), Leonardo is also celebrated for his scientific contributions. On permanent display at the Louvre in Paris, the Mona Lisa was assessed at US$100 million on 14 December 1962. In particular, Qi Baishi's Twelve Landscape Screens was sold for $140.8 million in 2017. Biography Of Leonardo da Vinci: How Old Is Leonardo da Vinci | Net And Lewis points out that as the art market has enlarged, our world view itself has changed. List of most expensive paintings - Wikipedia Leonardo spent 17 years in Milan, until Ludovicos fall from power in 1499. According to the Christie's auction catalogue for the 1994 sale, the Codex was described as being in good and stable condition. PETERSON-WITHORN: After the auction, he told the press, I'm very happy with the price. He was known to be fastidious in personal care, keeping a beard neat and trim in later age, and to dress in colorful clothing in styles that dismissed current customs. And if Gates himself had the Codex appraised since he bought it. He currently resides in Vinci, Italy. The bidding then resumed: $353m, $355m. Hi, Chase. As of 2023, Leonardo da Vinci's net worth is $320 million. 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. 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. LONDON A tiny Leonardo da Vinci sketch sold on Thursday at Christie's for 8.9 million with fees, or about $12.2 million, a record price for a Leonardo drawing at auction . If you would like to comment on this story or anything else you have seen on BBC Culture, head over to ourFacebookpage or message us onTwitter. Oprah Winfrey had bought the painting in November 2006 at Christie's for nearly $88 million. MICHELA TINDERA: So its 1994, and were listening to an auction in a salesroom at Christie's in Manhattan. At one point, a telephone bidder jumped in, pushing the price from $332m to $350m. 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. So Gates buying Leonardo da Vinci's notebook is the equivalent of a typical 66-year-old splurging ona new iPad. Fifty-five hundred to start. When Leonardo was about 15, his father, who enjoyed a high reputation in the Florentine community, apprenticed him to artist Andrea del Verrocchio. Additional audio credits: AP, CBS, GatesNotes-The Blog of Bill Gates. In this room, inon the telephone rather, at $28 million. Rybolovlev resold Gauguin's Otahi before 2017 for less than $50 million. [6] Another example is a 2019 sale of The Seated Zouave by Vincent van Gogh. We asked Robert, if the Codex if it went up for sale again, could it compete with the Mundi's price? In Verrocchios renowned workshop Leonardo received multifaceted training that included painting and sculpture as well as the technical-mechanical arts. The work of Leonardo is just as influential to the art that is being created today as it was in the 15th and 16th centuries, he said. TINDERA: That's right. One of the most famous paintings in the world, the Last Supper was commissioned by Ludovico Sforza, duke of Milan and Leonardo's patron during his first stay in that city, for the Dominican monastery of Santa Maria delle Grazie. 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. Not everyone is a fan. At $28 million. It would not draw more than the Salvator Mundi, which sold for $450 million. On permanent display at the Louvre in Paris, the Mona Lisa was assessed at US$100 million on 14 December 1962. At the press conference, Artnews reported, Gouzer spoke of the exceptional rarity of a work by Leonardo. The final winning bid? 10 Secrets of The Mona Lisa by Leonardo da Vinci In both films, Luke Syson, the curator of the show, stands by his decision. I'm going to show it all over the world.. Omissions? Oil tycoon Armand Hammer bought it that year, and 14 years later, Gates bought it at another auction. He also considered a painting done by Renaissance artist Pontormo, which was purchased by the Jay Paul Getty Museum for $35.2 million at Christie's in 1989. The source says he advised the government that "exhibiting under the Saudi conditions would be like laundering a piece that cost $450 million". Lady with an Ermine by Leonardo da Vinci. Before Rybolovlev, Salvator Mundi had been owned by a consortium of dealers including Alexander Parish, who had picked it up for $10,000 at an estate sale in the US in 2005, and had had it restored and authenticated. CBS CLIP, BILL GATES: Well, that's simply based on taking the stock I own in Microsoft and doing some type of multiplication. [13][14], Among the listed top 89, only six are paintings by non-Western artists. He was listed in the register of the royal household as pictor et ingeniarius ducalis (painter and engineer of the duke). A Leonardo da Vinci the Size of a Post-it Sells for $12.2 Million The rest are owned by museums around the world. SIMON: What it does is make you realize how important the fact that the Codex has survived intact is. TINDERA: The Italian government had reportedly been expected to participate in the auction. The world's 10 most valuable artworks | World Economic Forum Two new documentaries delve into the ongoing saga of Leonardo da Vinci's Salvator Mundi in a moment when true art crime stories are at their peak, writes Caryn James. [11][12] Prices realised for just his nine paintings listed below, when adjusted for inflation to 2017, add up to over US$900million. So, I think we could legitimately set the floor at that price. PETERSON-WITHORN: The person who ended up winning the auction was Armand Hammer, the 82-year-old multimillionaire chairman of oil and gas giant Occidental Petroleum. 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. TINDERA: Slicing up and selling off a beautiful manuscript or book is not without precedent, though, Robert explained to us. CHASE PETERSON-WITHORN: Hi, Michela. This wall painting in the Dominican monastery of Santa Maria delle Grazie, Milan, allowed Leonardo to explore how the body communicates inner states of being. 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. A Belgian banker and collector who bought it in 1939 for $18,000. PETERSON-WITHORN: And the fifth was a drawing by Michelangelo called The Holy Family with the Infant St. John the Baptist, which also sold to the Getty Museum in 1993, for $6.3 million. After the sale, Pylkknen said the sale had been his ultimate privilege. The alleged vandalism attempt on Sunday left the painting's glass covered in cake frosting. And we can go into the auction record and look at previous copies of that exact same book, when it sold, where it sold, what its estimate was, what it brought. The painting, which dates to around 1500, was lost to history for more than 200 years, was damaged and badly restored, and was sold and resold as a minor work, probably by a Leonardo acolyte.. His notebooks reveal a spirit of scientific inquiry and a mechanical inventiveness that were centuries ahead of their time. [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. Earlier this summer, very fittingly, as the country's oldest auction house, they sold a copy of the Declaration of Independence for $4.4 million. But when I saw it, it didn't sit comfortably with me as an autograph Leonardo." This possibly-Leonardo treasure's route to fame began when it surfaced at an obscure New Orleans auction house in 2005 and was bought by two New York dealers for a measly $1,175. Guinness World Records lists Leonardo da Vinci's Mona Lisa as having the highest ever insurance value for a painting. It is believed to have been compiled between 1506 and 1510. That sold for $3.6 million at Sotheby's in New York in 1986. Top 10 Most Expensive Paintings Ever Sold At Auction Leonardo never married, but he had many close relationships with other artists and intellectuals as well as with his assistants. MASSEY: Nineteen-million five hundred thousand I'll be happy to take. I wana write a poem about it. The Salvator Mundi can be exhibited, and if it goes to a museum in Saudi Arabia, and people travel there and go to see it, I mean, it would have in terms of that income value I was talking about, it would have, you know, a phenomenal one, you know, perhaps quite in excess of the $450 million that it brought at auction. Let us know if you have suggestions to improve this article (requires login). Contemporary art, Mould told the Guardian, is where all the big money is. Hammer somehow convinced the courts he was increasing shareholder value. [4] In constant dollars, the highest price paid before 1987 was by the National Gallery of Art when in February 1967 they acquired Leonardo da Vinci's Ginevra de' Benci for around $5 million ($41million in 2021 dollars) from the Princely Family of Liechtenstein. Life of Leonardo da Vinci, a Short Biography 1. One of two pastel versions; another two painted versions (and lithography) exist, all created by Munch. That boosted this forgotten painting into the limelight and kickstarted the. JoinBBC Culture Film and TV Clubon Facebook, a community for cinephiles all over the world. 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. In 1493 the clay model of the horse was put on public display on the occasion of the marriage of Emperor Maximilian to Bianca Maria Sforza, and preparations were made to cast the colossal figure, which was to be 16 feet (5 metres) high. And it was a challenge. An attempt to psychoanalyze the buyer of Leonardo da Vinci's 'Salvator Mundi.' Tim Schneider , November 17, 2017 The scene at Christie's New York on November 15. In Verrocchios renowned workshop Leonardo received a multifaceted training that included painting and sculpture as well as the technical-mechanical arts. Renaissance artist, inventor, polymath, musician, and architect who painted the Mona Lisa and The Last Supper and drew the iconic Vitruvian Man. So it doesn't really look like a notebook anymore. No one in the art world knows for sure where the painting is. Leonardo da Vinci was an artist and engineer who is best known for his paintings, notably the Mona Lisa (c. 150319) and the Last Supper (149598). (crowd laughs) Good start. The Met has since returned the coffin to Egypt. Four hundred million selling here at Christies. Still, it was a record-breaking event. The auction house would not reveal the identity of the buyer or even the region from which they came. Updates? There are Leonardo's drawings of the head and bust of Leda; a famous drawing was done in 1506 by Raphael; a red chalk drawing which may have been done by an assistant to Leonardo; a picture by Bugiardini which was based upon Leonardo's original cartoon (done in 1504); another copy probably by Francesco Melzi and based on Leonardo's second cartoon So it's difficult to get much better than someone who has actually appraised an item. He told us via email that his guess would be, "over $100 million." Somewhere in Saudi Arabia, hidden away by order of Crown Prince Mohammad bin Salman, is the world's most expensive painting, Leonardo da Vinci's Salvator Mundi. 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). 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. It is Oil on wood and measures 168 x 130 cm (5 1/2 x 4 1/2 ft.). When Bill Gates bought the manuscript, rather than naming it the Codex Gates after himself, he decided to rename it the Codex Leicester after an earlier owner. They write new content and verify and edit content received from contributors. [3] TINDERA: Ultimately, in his appraisal, which Simon submitted in December 1993. So, in discussing what the Codex might be worth today, Robert Simon brought up a recent sale of a da Vinci, which was of a teeny, tiny three-inch by three-inch drawing of a bear's head, which sold in July of this year for $12 million. ARCHIVAL CLIP OF ARMAND HAMMER: I guess I'm wearing a great many hats. The Wikipedia template uses a yearly average inflation. It came close. 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.

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