Da Vinci's "Salvator Mundi," here seen at Christie's auction rooms in London, Oct. 24, 2017, is now lodged in the Louvre Abu Dhabi, after bring sold to the Saudi crown prince for a record $450 million.
AP Photo/Kirsty Wigglesworth
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
It's now museums that acquire most artworks put up for auction, according to a company that follows the fine art market. Sales at auction of works of fine art – paintings, sculptures, drawings, photos, engravings and installations – jumped by 18 percent in the first half of the year compared to the same period in 2017 to $8.45 billion, according to Artprice.The United States led in auction sales in the first half of the year with $3.3 billion, or 40 percent of the market.Of the 15 works that have fetched more than $100 million at auction, all but one was sold in New York.Works from the 20th century dominate the auction market, accounting for four-fifths of items to go under the hammer.
FOLLOW THIS ARTICLE