16/11/2017 04:21 GMT | Updated 16/11/2017 04:44 GMT

Long Lost Da Vinci Portrait Of Christ Sells For R6.47 Billion

It is almost double the last highest price for an artwork sold at auction.


NEW YORK, Nov 15 (Reuters) - Leonardo da Vinci's portrait of Christ "Salvator Mundi" sold for a record-smashing $450.3 million on Wednesday at Christie's in New York -- more than double the old mark for any work of art at auction.

The painting, only recently rediscovered and the last da Vinci left in private hands, fetched more than four times over the Christie's pre-sale estimate of about $100 million. It was more than twice the old auction record set by Picasso's "Les Femmes D'Alger," which sold for $179.4 million in May 2015.

Handout . / Reuters
The portrait pictured at Christie's auction house.

"Salvator Mundi" was purchased by an unidentified buyer bidding via telephone after a protracted bidding war that stretched to nearly 20 minutes at the New York auction house. (Reporting by Chris Michaud Editing by Sandra Maler)