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The Annunciation by Leonardo da Vinci. The case led to the resignation of Monacos then justice minister, Philippe Narmino. Billionaires just live in a different world. 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." - The world's greatest art detective, - The men who Leonardo da Vinci loved, - The detail that unlocks the Mona Lisa. 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. Salvator Mundi, the long-lost Leonardo da Vinci painting of Jesus Christ commissioned by King Louis XII of France more than 500 years ago, has sold at Christie's in New York for $450.3m . TINDERA: That's Gates talking for a video posted on his blog a few years ago, around the time that he exhibited the Codex Leicester in some museums in Europe. 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. 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. 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. TINDERA: Simon talked about how there have been a certain subset of book dealers called "breakers," who made it their job to buy books and then tear them apart, selling their illustrated pages piece by piece. I wana write a poem about it. When he was about 15, his father, who enjoyed a high reputation in the Florence community, apprenticed him to artist Andrea del Verrocchio. 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. TINDERA: Okay, so our $4 billion estimate isn't all that realistic. When Leonardo was about 15, his father, who enjoyed a high reputation in the Florentine community, apprenticed him to artist Andrea del Verrocchio. Pierre-Auguste Renoir "Bal du moulin de la Galette" (1876): $154.7 million 6. So, you know, it's something I've sort of been following for, you know, a good part of my life. We also spoke with Stephen Massey, who we heard at the beginning of this episode. The rest are owned by museums around the world. ARCHIVAL CLIP OF ARMAND HAMMER: Another hat is my hobby for collecting art. The 16th-century writer Giorgio Vasari indicated that Leonardo cared little for money but was very generous toward his friends and assistants. Following the French Revolution it was moved to the Louvre. Within two days he sold it to Rybolovlev for $127.5 million. Five are traditional Chinese paintings by Qi Baishi, Wu Bin, Wang Meng and Xu Yang. 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. SIMON: He spent much more time as a writer, a scientist, a draftsman than he did as a painter. And that was the process. What was Leonardo da Vincis personality like? The series is full of conspiracy theories about the never-solved robbery. Contemporary art, Mould told the Guardian, is where all the big money is. Because at the end of the day, it's an entertaining story.". TINDERA: Robert pointed out one other unique distinction. You can't really show it offwhether it's to your best friends or in a museum if you're a public institution. Leonardos gracious but reserved personality and elegant bearing were well-received in court circles. As a master artist, Leonardo maintained an extensive workshop in Milan, employing apprentices and students. Nonetheless, Leonardos notebooks reveal a sharp intellect, and his contributions to art, including methods of representing space, three-dimensional objects, and the human figure, cannot be overstated. Still, it was a record-breaking event. This time, though, it sold for three times that in the battle we heard about at the beginning of the episode between Gates and the Italian bank. Record private sales are believed to include $250m for a painting by Paul Czanne and $300m for a Paul Gauguin. There was a bit of an odd snag with the purchase, and Forbes reported on it in 1994. He was the auctioneer at the 1994 Christie's sale. 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. Twenty-eight million. The Battle of Anghiari by Leonardo da Vinci. Various vandals have tried to harm da Vinci's famed masterpiece, and 1956 was a particularly bad year. 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. Therell never be another painting that I shall sell for more than this painting tonight.. DETAILS BELOW Leonardo da Vinci (born April 15, 1452) is famous for being painter. 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. And so, the first place we looked were the auction records for the Codex from the 1980 and the 1994 sales. Veiled in layers of mystery and international intrigue, the story of the Salvator Mundi is an ongoing, endlessly fascinating saga, told in two new documentaries, The Lost Leonardo and Saviour for Sale: Da Vinci's Lost Masterpiece?, which play out with all the drama and suspense of a detective story. At the height of the auction, as many of six bidders were in play. Leonardo da Vincis parents were unmarried at the time of his birth near a small village named Vinci in Tuscany. On the telephone in this room at $28 million. Hammer somehow convinced the courts he was increasing shareholder value. TINDERA: Simon shared with us his own process for how he estimated the fair market value in the appraisal he put together nearly 30 years ago. 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.". $450 million That price more than doubled the. In New York last night, he said he had never doubted the piece would break records. The Lost Leonardo is now playing in the US and opens in the UK on 10 September. It's not exactly known why he did that. 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.. TINDERA: I'm Michela Tindera, and this is Priceless. 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. In November 2017 Saudi crown prince Mohammed bin Salman paid $450 million for a da Vinci painting. Its the zenith of my career as an auctioneer. SIMON: These went into the mix. The documentary covers much of the same ground as The Lost Leonardo, but less stylishly, with too many stock establishing shots of cities. The first is da Vinci's "The Last Supper," painted during his time in Milan, from about 1495 to 1498. So, I think we could legitimately set the floor at that price. Leonardo is sometimes credited as the inventor of the tank, helicopter, parachute, and flying machine, among other vehicles and devices, but later scholarship has disputed such claims. The two documentaries arrive at a time when films, podcasts and pop culture itself seem fascinated by art crimes, mysteries and forgeries. Probably, they knew there was room before the end of the competition., They wanted to get the job done quicker, but it still took a long time.. Leonardo da Vinci was described as having a gracious but reserved personality and an elegant bearing. The ensuing war left the clay model a heap of ruins. Antoine Vitkine's film Saviour for Sale is most notable for some explosive additions about what might have happened behind the scenes at the Louvre. And we're going to show you how we narrowed that range to settle on one number. 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. On the last telephone, 18 million. The final winning bid? One of two pastel versions; another two painted versions (and lithography) exist, all created by Munch. I'm going to show it all over the world.. What is Leonardo da Vinci best known for? Paintings are listed only once, i.e. PETERSON-WITHORN: Given Simon's connections to the Salvator Mundi, and his experience running a gallery of Old Masters works, he seemed like an excellent source to speak with for this valuation. So, they decided to hold an auction through Christie's, and it took place in London in December 1980. Then we look at the condition, and we base the condition on what's in our hands, and how you look at a book thats 150, 170 years old. The Louvre very much wanted to include it in its grand exhibition to celebrate Leonardo's 500th anniversary in 2019. The Virgin and Child with St Anne was painted by Leonardo Da Vinci in 1510. 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. The Last Supper by Leonardo da Vinci. PETERSON-WITHORN: Exactly. 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? In this episode, we're taking you inside the world of rare books, manuscripts, and Old Masters works to tell you about how we've estimated the value of one very special notebook, with ties to the world's most expensive painting ever sold at auction: the Salvator Mundi. For this notebook, we considered values ranging from $50 million, all the way up to $4 billion. In 1982, he appeared on our list with an estimated net worth of $150 million. Portrait of a Man in Red Chalk Drawing by Leonardo da Vinci. That boosted this forgotten painting into the limelight and kickstarted the. According to a CNBC report, the median net worth of someone who is 66 years old, which is Gates' age is about $266,000. This episode was reported by Michela Tindera, produced by Michela Tindera and Jonathan Palmer, with additional research by Sue Radlauer. 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. He currently resides in Vinci, Italy. TINDERA: The Italian government had reportedly been expected to participate in the auction. MICHELA TINDERA: So its 1994, and were listening to an auction in a salesroom at Christie's in Manhattan. Thanks for joining me. PETERSON-WITHORN: Two were da Vinci drawings of draperies. And how does that help us come up with a number for today? St John the Baptist by Leonardo da Vinci. TINDERA: So back in November 1994, Microsoft cofounder Bill Gates was 39 years old and pretty much at the top of his game. She is a captivating, elegant presence on screen, with a whispery voice and wide eyes behind signature black or red-framed glasses. In fact, it was also noted in the Codexs 1994 auction catalogue written by late da Vinci scholar Carlo Pedretti, that the Mona Lisa is, "indeed a visual synthesis of Leonardo's scientific knowledge as summed up in the Codex.". Six-million five hundred thousand, seven million. Source: pinterest.com. 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. So first, we looked to experts in the world of rare books and manuscripts to learn about the qualities that make a book valuable. 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. He also did not apply himself to higher mathematicsadvanced geometry and arithmeticuntil he was 30 years old, when he began to study it with diligent tenacity. So, we reached out to Martin Kemp, who is another da Vinci scholar, and an Oxford University emeritus professor. The Nahmad family bought Suprematist Composition in 2008 at Sotheby's, New York, for $60,002,500 ($76million in 2021 dollars) from the heirs of Kazimir Malevich. The Louvre and the National Gallery refused to comment for either film. [note 1] Where necessary, the price is first converted to dollars using the exchange rate at the time the painting was sold.