Worth Soars for Leonardo da Vinci Drawing After ‘Salvator Mundi’

Worth Soars for Leonardo da Vinci Drawing After ‘Salvator Mundi’

The Paris public sale home Tajan will supply a rediscovered drawing by Leonardo da Vinci at public sale on June 19, for the primary time, testing the marketplace for a piece by the Renaissance grasp after the extraordinary sale of “Salvator Mundi” final yr. The sale will come nearly 500 years after da Vinci died, in Could 1519, at Amboise, France.

Tajan is hoping to attain a value between 30 million euros and 60 million for the 1492 drawing, or about $34 million to $68 million, mentioned Rodica Seward, chairman of the public sale home.

The double-sided art work was rediscovered in March 2016 in a personal French assortment by Thaddée Prate, an outdated grasp specialist at Tajan. One aspect incorporates a vigorous pen and ink drawing of Saint Sebastian tied to a tree, the opposite inscribed scientific research of candle mild, additionally in pen and ink.

“The attribution of the St. Sebastian drawing to Leonardo is totally strong,” mentioned Carmen Bambach, curator of prints and drawings on the Metropolitan Museum of Artwork in New York, in an electronic mail. “The inscription matches completely effectively along with his manuscripts and magnificence of handwriting, and the drawing of the saint is complementary to different drawings of the topic which might be already identified,” added Ms. Bambach, who’s writing a scholarly article on the research.

In 2016, Tajan valued the invention at 15 million euros, or about $15.eight million, reflecting what was then the excessive of $11.5 million achieved for a Leonardo drawing in 2010, in line with the Artnet value database.

However in November 2017 values for Leonardo’s works needed to be utterly reassessed, following the extraordinary $450.three million bid at Christie’s for a much-restored panel portray of “Salvator Mundi” cataloged as a long-lost Leonardo. The value, paid by the Saudi royal household on behalf of the Louvre Abu Dhabi, was a excessive for any murals ever supplied at public sale.

“It excited curiosity and raised expectations,” mentioned Ms. Seward. She added that after the “Salvator Mundi” sale “two or three” potential international consumers contacted the public sale home, suggesting they had been keen to pay greater than 15 million euros for the Leonardo drawing.

Ms. Seward mentioned the drawing had been licensed as a “nationwide treasure,” prohibiting its export for 30 months, throughout which period the French state may buy the drawing on the worldwide market value. However how can the value of a uncommon Leonardo work be precisely decided within the aftermath of the $450 million “Salvator Mundi?”

After consulting along with her shopper and Jean-Luc Martinez, director of the Louvre, Ms. Seward mentioned that Tajan had determined to supply the drawing at public public sale to find out its “actual market worth.”

As soon as the hammer has fallen, if a serious French museum such because the Louvre doesn’t step in, the drawing may very well be exported on the finish of June, when the 30-month “nationwide treasure” certification ends, Ms. Seward added. Neither the Louvre, nor France’s Ministry of Tradition responded to requests for remark.

Starting Oct. 24, by way of Feb. 24, the Louvre can be holding what it calls “an unprecedented exhibition” devoted to Leonardo da Vinci on the 500th anniversary of his dying.

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