Here are the top 10 tables the most expensive sold at auction

Emilio Banks
November 17, 2017

Auctioneer and Global President Jussi Pylkkanen is selling Leonardo da Vinci's Salvator Mundi (Savior of the World) painting for $450,312,500 at Christie's, November 15, 2017, in New York City.

Scholars had long believed "Salvator Mundi" was destroyed, until it re-emerged in 2005.

"But many art experts argue that Christie's used marketing window dressing to mask the baggage that comes with the Leonardo, from its compromised condition to its complicated buying history and said that the auction house put the artwork in a contemporary sale to circumvent the scrutiny of old masters experts, many of whom have questioned the painting's authenticity and condition". Prior to that, it was consigned to a 1958 sale at Sotheby's where it sold for £45.

After being restored and authenticated, it was bought in 2015 by Dmitry Rybolovlev for $127.5 million, where he was lucky to turn a profit when sold for $450.3 million, beating the record held by the 2015 sale of Picasso's "Les Femmes d'Alger" for $179.4 million.

Dated to around 1500, the work sold after 19 minutes of frenzied bidding - an incongruous Old Master in Christie's evening postwar and contemporary sale, which attracts the biggest spenders in the high-octane world of worldwide billionaire art collectors.

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Punches were thrown by the millions, with the price jumping from $US332 million to $US350 million in one bid, then, after 18 minutes, from $US370 million to $US400 million, the price the hammer came down on. 'It's the pinnacle of my career so far.

Furthermore, he added it's honestly "wonderful" for an "Old Master" to be at the center of attention once again.

New world auction records for the artists were set with the first three works offered in the sale: Adam Pendleton's Black Dada (K), Philippe Parreno's My Room Is Another Fish Bowl, and Kerry James Marshall's Still Life with Wedding Portrait.

"There is extraordinary consensus it is by Leonardo", said Nicholas Hall, the former co-chairman of old master paintings at Christie's, who now runs his own Manhattan gallery.

The rare Leonardo da Vinci painting "Salvator Mundi" was bought for the large amount in NY, according to CNN International. Even for me, ' he said, 'it is very hard to pinpoint what it is that makes this painting so poignant, you can not comprehend the mystery of Leonardo. Salvator Mundi evokes joy, ecstasy, anger, awe - it just touches every emotion. Standing in front of his paintings, it becomes impossible for one's mind to fully unravel or comprehend the mystery radiating from them - both the "Mona Lisa" and "Salvator Mundi" are flawless examples of this. It was, said Cerutti, 'a great moment for Christie's and a great moment for the art market'.

Other reports by TheSundaySentinel

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