After much anticipation and a 19 - minute bidding by an anonymous buyer, Leonardo da Vinci's Salvator Mundi was sold for whopping $ 460,312,500 with buyer's premium, surpassing the previous
holder of the record price for an Old Master painting — Peter Paul Rubens» Massacre of the Innocents ($ 49,5 million).
The previous
holder of the record price for an Old Master painting was Massacre of the Innocents by Peter Paul Rubens, which sold for $ 76.7 million (# 49.5 million) in 2002.
Not exact matches
After the last paddle -
holders snuggled into their seats, the auction began with a run
of work by artists rare to auction, like Adam Pendleton and Philippe Parreno, who scored hammer
prices well beyond their high estimates, notching auction
records as well.
The sale has made particular waves in the past several days following the auction house's announcement
of an astronomical $ 150 million pre-sale estimate for Amedeo Modigliani's Nu Couché (Sur le Côté Gauche), a 1917 painting by the master modernist that is already being trumpeted as the new auction
record holder for his work, based on the estimated
price and fees alone.
Where a pre-pack is being negotiated at the time when an office -
holder is being appointed, the office -
holder's «consent to act» document must
record that the prospective sale
price represents the office -
holder's view
of the best value to creditors.
«Understandably, no - one will go on the
record from the existing suppliers, but it appears that the education law contracts
holders were prepared to continue to fulfil the contracts for the same
price, while one or more
of the discrimination law contract
holders bid for an increase,» says Hynes.
The average
price of land in Japan fell 6.5 percent, a larger decline than the 6.2 percent drop
recorded in 2000, said the National Tax Agency, which uses the data to levy taxes on property
holders.