Raphael’s “Head of a Young Apostle” raises record $47.8 Million at Sotheby’s

December 6th, 2012

In a record-breaking auction, the black chalk “Head of a Young Apostle” by Raffaello Sanzio (Raphael), sold Tuesday, December 4th, 2012 for $47.8 million. This is the highest price paid for any work on paper, and the second highest for any Old Master, after Ruben’s “Massacre of the Innocents” which raised $78.2 million at Sotheby’s in 2002. The highest bidder was Natasha Mendelsohn, who bids on behalf of clients for Sotheby’s (BID) London. 

via Bloomberg