The Painting Bought For Under $2,000—Before Becoming The Most Expensive Work Of Art Ever Sold At Auction

The Painting Bought For Under $2,000—Before Becoming The Most Expensive Work Of Art Ever Sold At Auction


July 6, 2026 | Jesse Singer

The Painting Bought For Under $2,000—Before Becoming The Most Expensive Work Of Art Ever Sold At Auction


A Picture Worth Looking At

Most people walk past old paintings without giving them a second thought. Some end up in attics. Others gather dust in storage rooms. But every once in a while, a forgotten piece of art turns out to be something extraordinary. This is the story of one painting that went from near-obscurity to rewriting auction history.

Auctioneer at podium, art in background Factinate

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Sold For Less Than A Used Car

In 1958, the painting sold at auction for roughly $1,175. At the time, nobody believed it was anything extraordinary. It then disappeared into private collections for decades, setting the stage for one of the most remarkable rediscoveries in art history.

A speaker addressing a large crowd in a vibrant, warmly-lit indoor venue.Jitte Davidson, Pexels

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Nobody Thought It Was Special

Part of the problem was its condition. The painting had been heavily damaged, restored, painted over, and altered across the centuries. By the time many collectors saw it, it looked more like a worn copy of an old religious image than a priceless treasure.

A close-up of a historic religious mosaic in the Hagia Sophia, Istanbul, depicting Jesus, Mary, and John the Baptist.From Salih, Pexels

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A Mysterious Portrait

The artwork showed Jesus Christ holding a crystal orb and raising one hand in blessing. It was known as Salvator Mundi, Latin for 'Savior of the World.' No one knew who painted it. But to give you an idea: it was often described as a work created 'after Leonardo da Vinci' or by one of his followers. 

Pretty interesting, sure—but not the kind of thing anyone expected to become one of the most valuable paintings on Earth.

Detailed view of a religious mosaic in Florence, Italy's cathedral.antonio filigno, Pexels

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The Painting Disappears

For generations, the painting drifted through private collections. Records were incomplete. Ownership changed. Experts lost track of it. Eventually, it became one of many forgotten artworks whose true story had largely vanished from public view.

An abandoned desk piled with old papers and documents in a disorganized setting.Beyza Kaplan, Pexels

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A Gamble In 2005

Nearly 50 years after that $1,175 sale, everything changed when a group of art dealers spotted the battered painting at a small Louisiana auction in 2005. They paid about $10,000 for it, mostly because they suspected there might be something much more important hiding beneath centuries of damage and restoration.

Art auction with painting of Istanbul's Maiden's Tower held in a historic indoor venue.Reyhan ., Pexels

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Looking Beneath The Surface

The new owners sent the painting for extensive restoration. As layers of later additions were carefully removed, details began to emerge. Features that had been hidden for centuries suddenly became visible again, and the painting started attracting serious attention.

Artist in studio painting on canvas, showcasing creativity and passion.Thirdman, Pexels

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Experts Start Asking Questions

The more specialists studied the artwork, the more intrigued they became. Certain details appeared unusually sophisticated. The handling of light, the subtle facial features, and the painting techniques all hinted that this might be far more important than anyone first imagined.

Two artists collaborating in an indoor studio, focused on painting and creativity.Vitaly Gariev, Pexels

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Could It Be Him?

Soon, an astonishing possibility entered the conversation. Some experts wondered whether the painting might have been created by Leonardo da Vinci himself. Considering only a small number of Leonardo paintings are known to survive, the suggestion sounded almost unbelievable.

An elderly man sketching paintings in a museum, capturing art details.Jean Pierre de Rosnay, Pexels

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The Debate Begins

Not everyone agreed. Some scholars embraced the attribution. Others remained skeptical. Art historians spent years debating the evidence, examining brushwork, historical records, and restoration details. The arguments were intense because the stakes couldn't have been higher.

Three men conversing at an outdoor art market in Villafranca di Verona, Italy.Serena Koi, Pexels

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A Lost Leonardo?

Supporters believed Salvator Mundi was a long-lost Leonardo masterpiece that had simply disappeared from view over the centuries. If true, the painting wasn't merely valuable—it was one of the most important rediscoveries in modern art history.

A minimalist abstract art piece on an easel illuminated by a spotlight, creating a dramatic effect.Natalia S, Pexels

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The Royal Connection

Researchers traced the painting's history back hundreds of years, with evidence linking it to the collection of King Charles I of England during the 1600s. That royal connection only added to the painting's growing mystique and importance.

sv:Karl I av England målad av sv:Anthonis van Dyck, cirka 1632Anthony van Dyck and workshop, Wikimedia Commons

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The Art World Takes Notice

As word spread, museums, collectors, and investors paid attention. The painting was exhibited publicly, and crowds lined up to see it. Whether people believed the Leonardo attribution or not, everyone understood they were witnessing something remarkable.

Visitors take photos of the Mona Lisa at the crowded Louvre Museum in Paris.Francois, Pexels

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The Price Starts Climbing

Once the painting entered the high-end art market, its value exploded. What had once sold for pocket change was now worth tens of millions of dollars. The rise was so dramatic that even seasoned collectors struggled to predict where it would end.

Engaged participants in a business conference, raising questions to the speaker.Pavel Danilyuk, Pexels

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Enter The Billionaires

At the highest levels of the art world, masterpieces become more than paintings. They're status symbols, investment assets, and historical trophies. Wealthy buyers from around the globe began competing for the chance to own Salvator Mundi.

Business professionals attentively listening at an indoor conference meeting.Loveleen Cherub, Pexels

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Auction Day Arrives

In November 2017, Christie's auction house offered the painting for sale in New York. Excitement had reached a fever pitch. Some expected a record-breaking result, but few imagined just how far the bidding would go.

Close-up of a wooden gavel on a judge's desk, symbolizing justice.SHOX ART, Pexels

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Bidding Gets Serious

The auction quickly turned into a battle between determined buyers. Prices surged higher and higher. Gasps filled the room as the total climbed beyond levels usually reserved for the rarest treasures in the world.

Shutterstock-2342111313, Crowd of bidders holding their numbered bidding paddles at an auctionhxdbzxy, Shutterstock

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A New Record

When the hammer finally fell, Salvator Mundi had sold for an astonishing $450.3 million, including fees. It shattered the previous auction record and instantly became the most expensive work of art ever sold at auction.

Shutterstock-1536374738, Female auction control Hold the 3rd hand and point hammer bid winner,highest bidder final lift, Business competition concept of bidding in auctioned(Vintage tone),banner header panoramic horizontalART STOCK CREATIVE, Shutterstock

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From $1,175 To History

The contrast was almost impossible to comprehend. A painting that had once sold for around $1,175 had ultimately become a $450 million global sensation. Few objects in history have experienced such a dramatic transformation in perceived value.

Gettyimages - 2240298557, The Distillers One Of One Charity Auction 2025 SOUTH QUEENSFERRY, SCOTLAND - OCTOBER 10: Jonny Fowle, Global Head of Whisky Sotheby's, 1st auctioneer speaks during the auction in partnership with Sotheby's on October 10, 2025 in Hopetoun House in South QueensferryEuan Cherry, Getty Images

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Not Everyone Is Convinced

Even after the record sale, debates continued. Some scholars still question whether Leonardo painted all or most of the work. The discussion remains one of the most fascinating controversies in the art world.

Woman presenting abstract painting in an art gallery setting, engaging discussion.Greta Hoffman, Pexels

Where Is It Now?

After the sale, the painting largely disappeared from public view again. It is widely believed to be owned by Saudi Arabia's Crown Prince Mohammed bin Salman, but it has not been publicly exhibited since the 2017 auction, fueling years of speculation about its whereabouts.

Stylish minimalist interior with black chair and blank frames casting shadows.cottonbro studio, Pexels

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Why People Love Stories Like This

Everyone dreams of finding something valuable where nobody else sees it. Most attic discoveries turn out to be ordinary junk. This one turned out to be a painting that rewrote the record books.

Hands opening a maroon gift box containing a VHS tape cushioned in popcorn.cottonbro studio, Pexels

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