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da Vinci painting sells for $450 million

Posted on 11/15/17 at 7:43 pm
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22233 posts
Posted on 11/15/17 at 7:43 pm


"The sale of Salvator Mundi, which was painted around 1500 and presumed lost until early this century, was Rybolovlev’s largest to date. The collector acquired it from Bouvier for $127m, who had in turn acquired it from Sotheby’s in a private sale in 2013 for about $50m less."

If I had it to do over again, I'd definitely take a stab at being an art dealer.

Has anyone on this board ever made a worthwhile profit in art?

LINK

This post was edited on 11/15/17 at 7:50 pm
Posted by arkiebrian
NWA
Member since Nov 2006
4167 posts
Posted on 11/15/17 at 8:33 pm to
Wouldn't it be something to realize you possessed a treasure like that and you had no idea before?

Reading the new biography on da Vinci right now...he's always been a favorite.
Posted by Pledge
Professional Baw
Member since Sep 2015
1113 posts
Posted on 11/15/17 at 9:08 pm to
Posted by PurpleGoldTiger
Thibodaux, LA
Member since Mar 2010
4009 posts
Posted on 11/16/17 at 8:38 am to
quote:

“It is with Alex Rotter at $400 . . . and the piece is sold,” said the auctioneer, to great applause. With the buyer’s premium, an extra fee tacked on by auction houses, the final tally came to $450,312,500.



quote:

Then it dropped off the grid for another 50 years until resurfacing in Louisiana in 2005. There, for $10,000, New York-based art collector and da Vinci expert Robert Simon and art dealer Alexander Parish found and purchased it, the New Orleans Advocate reported.



Washington Post Article
Posted by tigerpawl
Can't get there from here.
Member since Dec 2003
22233 posts
Posted on 11/16/17 at 12:19 pm to
quote:

"...da Vinci expert Robert Simon and art dealer Alexander Parish found and purchased it, the New Orleans Advocate reported.”
Love to know how this happened. Sounds like a mystery novel. Did they get tipped off by an "insider"? Was it in New Orleans? Where in Louisiana did it resurface?
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