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Guinness World Records lists Leonardo da Vinci's Mona Lisa as having the highest insurance value for a painting. On permanent display at the Louvre in Paris, the Mona Lisa was assessed at US$100 million on 14 December 1962. [3] Taking inflation into account, the 1962 value would be around US$1010 million in 2023. [4]
Art valuation, an art-specific subset of financial valuation, is the process of estimating the market value of works of art. As such, it is more of a financial rather than an aesthetic concern, however, subjective views of cultural value play a part as well.
Understanding art may be key to accessing what's often dubbed an exclusive space. We peel back the layers of what makes art valuable with Melissa Wolfe, a curator of American art at the renowned ...
A good provenance increases the value of a painting, and establishing provenance may help confirm the date, artist and, especially for portraits, the subject of a painting. It may confirm whether a painting is genuinely of the period it seems to date from. The provenance of paintings can help resolve ownership disputes.
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A British currency trader turned billionaire just catapulted David Hockney to status as the world's most expensive living artist.
In 1909, the art collector Comtesse de Béhague gave the portrait its current frame, [129] a Renaissance-era work consistent with the historical period of the Mona Lisa. The edges of the painting have been trimmed at least once in its history to fit the picture into various frames, albeit no part of the original paint layer has been trimmed. [85]
The highest known price paid for an artwork by a living artist was for Jasper Johns's 1958 painting Flag. Its 2010 private sale price was estimated to be about US$110 million ($154 million in 2023 dollars). All-time This is a list of highest prices ever paid—at auction or private sale—for an artwork by an artist living at time of sale. Adjusted price (in millions of USD) Original price (in ...