Leonardo Da Vinci's "Salvator Mundi", a painting of Christ has become the most expensive painting to ever sell at an auction. It has sold for $450.3 Million at Christie's in New York.
The painting which dates right back to 1500, had reportedly once sold for $45 in 1958. It is one of the fewer than 20 authentic works by the 14th Century artist in existence.
Original estimates had predicted bids of over $100 million for the piece. But the new record was set after approximately 20 minutes of telephone bidding, far surpassing the previous auction record held by Picasso's "Les Femmes d'Alger," which sold for $179.4 million in 2015.
Now, "Salvator Mundi" is set to be the biggest lot at this year's fall auction season, during which Christie's and Sotheby's can expect to achieve total sales of more than $1 billion.
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