Published Aug 11, 2021

Salvator Mundi

Gary Arndt delves into the riveting story of Salvator Mundi, tracing its path from obscurity to becoming the world's most expensive painting and sparking debates over its authenticity, restoration, and art market dynamics.
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  • Historical Provenance

    The Salvator Mundi's journey through history is as intricate as its brushstrokes. traces its provenance back to 1638, when it was part of the Duke of Hamilton's estate in London. After changing hands multiple times, including being owned by Charles II, the painting vanished from records post-1763 1. Establishing provenance is crucial for artworks, as it confirms authenticity and value. Arndt notes, "Tracking the history of a painting's possession from creation to the present is called an artwork's provenance."

    Establishing the provenance of a painting is extremely important in establishing value and legitimacy.

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    This meticulous documentation is what differentiates a masterpiece from a mere imitation, as seen with the Mona Lisa's well-documented history 1.

       

    Rediscovery

    The modern rediscovery of Salvator Mundi is a tale of serendipity and restoration. In 2005, a small auction house in New Orleans sold the painting for a mere $1,000, unaware of its potential significance 2. The painting was in poor condition, requiring extensive restoration overseen by Diane Dwyer Modestini. This restoration was controversial, as some believed it should have been left untouched 3.

    They had two things they had to do. The first was to repair and restore the painting, which was severely damaged. The second was to determine if this was, in fact, an actual da Vinci.

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    By 2011, the painting was declared an original Leonardo by the National Gallery in London, sparking debates over its attribution and skyrocketing its value 3.

       

    Auction Frenzy

    The painting's journey from obscurity to becoming the world's most expensive artwork is remarkable. After its restoration, Salvator Mundi was sold for $75 million in 2013, then resold for $127.5 million, and finally auctioned for $450 million in 2017 3. The rarity of da Vinci's works, with fewer than 20 paintings attributed to him, contributes to their astronomical value 4.

    Most experts who have studied the painting attribute it to Leonardo, or at least that he worked on the majority of the painting.

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    Despite its debated authenticity, the painting's allure and historical significance continue to captivate collectors and art enthusiasts worldwide 3.

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