NEW YORK (AP) — A Leonardo da Vinci painting of Christ that sold in New York for a record $450 million is heading to a museum in the United Arab Emirates.
The newly opened Louvre Abu Dhabi made the announcement Wednesday.
The 500-year-old painting is called "Salvator Mundi," Latin for "Savior of the World." It's one of fewer than 20 paintings by the Renaissance master known to exist and the only one in private hands. Christie's auction house sold it to an anonymous buyer last month.
NEW YORK -- A painting of Christ by the Renaissance master Leonardo da Vinci sold for a record $450 million (380 million euros) at auction on …
The New York Times reports according to documents it reviewed the mystery buyer was a little-known Saudi prince. Christie's says it doesn't comment on the identities of buyers or sellers without their permission.
The highest known sale price for any artwork had been $300 million, for Willem de Kooning's painting "Interchange."
Not much is known about the long-lost painting, but a dozen years ago, it went up for sale at an auction house in Louisiana and sold for only $10,000. It's unknown how the painting came to be in Louisiana. At the time, it was thought to have been painted by a member of Leonardo's school.
But a New York art collector purchased it through an auction house somewhere in Louisiana in 2005 and set about cleaning off layers of paint that had been added over five centuries. By 2011, it was authenticated as the highly sought painting.
A long-lost painting by Leonardo da Vinci will go up for auction in New York City on Wednesday, when it is expected to fetch well over $100 million.