NYT Analyzes Market Impacts Caused by da Vinci Record

November 28th, 2017

Leonardo da Vinci, Salvator Mundi (circa 1500) final price $450,312,500, via Christie'sThe New York Times speculates on the broader impacts of Leonardo da Vinci’s astronomical auction record of $450.3 million, examining possible movements its price may cause among the upper echelons of the market, and how sales strategies might change. “It probably wouldn’t have made that much in a 19th-century sale,” says Wendy Goldsmith, an art adviser based in London.  “We’ll probably end up with ‘best of the best’ sales, with complete cross-fertilization.”

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