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Re:Leonardo Da Vinci Painting Sells for $450.3M, Shattering ... by elorant on Thursday November 16, 2017 @04:59AM (#15711461)
You don't seem to understand how the art world works. Buying art at this level has nothing to do with the work itself. It has everything to do with demonstrating power. Whoever bought that will have the best Leonardo work outside of museums. Art is a positional good, it shows that you have class and at this level nothing is as prestigious. Say you put that thing in a house or a museum, you can invite the Pope himself to view it. In terms of networking this is the holy grail.

Just because Christie’s went to unprecedented lengths to market the painting it doesn't mean that without that effort the painting wouldn't have sell at this price level. The art market is highly unpredictable.

Re:Leonardo Da Vinci Painting Sells for $450.3M, Shattering ... by speedplane on Thursday November 16, 2017 @05:00AM (#15711466)
I agree. Paradoxically, buying this work buys you something that money can't buy, even though it actually did.