The most expensive painting sold at auction is Salvator Mundi by Leonardi da Vinci, which sold for $450,312,500 (£342,148,000; €381,431,000), including buyer’s premium, at an auction held by Christie’s in New York, USA, on 11 November 2017.
The painting was included in Christie’s sale of “Postwar and Contemporary Art” at Rockefeller Center in New York, in the hope that it would appeal to the biggest art collectors. The seller, Russian billionaire Dmitry Rybolovlev, bought the painting in 2013 for approximately £77.3 million ($127.5 million; €92.6 million). The buyer, who bid by telephone, chose to remain anonymous. Over 1,000 art collectors, advisors, dealers and journalists were present at the auction, with thousand more tuned in via a live stream.
Some specialists believe that Leonardo originally painted the work for the French Royal family. The painting went missing from 1763 for over 150 years. Passing through the possession of several collectors over the centuries, the work was rediscovered in a small, regional auction in the United Sates in 2005. Prior to that, it was sold in 1958 at Sotheby’s for £45 ($59), having been dismissed as a copy.
Salvator Mundi (Savior of the World) was on show in an exhibition of Leonardo’s surviving paintings at the National Gallery, London, in 2011-12, confirming its acceptance as a fully autograph work by Leonardo da Vinci. However, there still remains speculation over the painting’s origins, some specialists attributing the work as one of da Vinci’s apprentices.
Nevertheless, the painting was presented as one of the greatest artistic discoveries of the 20th century.
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History of Auctioneering
Bonhams founded in London in 1793, Bonhams is a privately owned auction house that focuses on fine art, antiques, and collectibles.
Country: United Kingdom
Year: 1793
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Source: https://www.thememorabiliaclub.com/en-us/pages/the-10-most-reputable-auction-houses-in-the-world?srsltid=AfmBOooy9Ny64jd8sBebui--qZzIcpEBnQuTp3e0MLapcOOQubSuTT1h
Founded in London in 1796 by Harry Phillips, Phillips began as a general auctioneer before shifting its focus to fine art and antiques in the 20th century. The auction house has a reputation for its innovative approach to contemporary art, design, and photography auctions. Phillips is known for its themed sales and curated exhibitions, showcasing emerging and established artists alike. The house operates through a combination of live and online auctions, catering to a diverse range of collectors.
In 2022, Phillips made record sales reporting a total of $746 million in both auctions and private sales. Phillips was the first auction house to introduce themed sales, such as the “New Now” auction series focusing on emerging contemporary artists.
Country: United Kingdom
Year: 1796
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Source: https://americascollection.com/news/a-brief-history-of-leading-auction-houses-sothebys-christies-phillips-and-dorotheum/
Mayor and Common Council in Appleton create ordinance that you need a license in Appleton to Auction.
Country: United States
Year: 1887
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Country: United States
Year: 1910
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Freeman Hotel, Black River Falls, WI
Country: United States
Year: 1951
Date: February 17
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NAA’s 1958 Convention was held July 17-18-19 at the Hotel Statler in Buffalo, New York.
Country: United States
Year: 1958
Date: July 17
Source: https://mikebrandlyauctioneer.wordpress.com/2018/02/13/national-auctioneers-association-conference-show-locations/
Glenn Hellberg was the World Livestock Auctioneer Champion in 1965.
Country: United States
Year: 1965
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Midway Motor Lodge, La Crosse, WI
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Year: 1973
Date: June 12
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The Livestock Marketing Association (LMA), headquartered in Overland Park, Kansas, is North America’s leading, national trade association dedicated to serving its members in the open and competitive auction method of marketing livestock. Founded in 1947, LMA has more than 800 member businesses across the U.S. and Canada and remains invested in both the livestock and livestock marketing industries through member support, education programs, policy representation and communication efforts.
Country: United States
Year: 1974
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Country: United States
Year: 1976
Date: August 13
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