Leonardo da vinci coming to auction for 100 mil

Photo courtesy of Christie's

Photo courtesy of Christie's

The last remaining painting by Leonardo da Vinci in private hands, Salvator Mundi ("Savior of the World"), will be sold at Christie's in November with a pre-sale estimate of USD $100 million. Though it was only determined to be a Da Vinci six years ago, the portrait of Jesus has an amazing backstory.

Salvator Mundi was sold at Christie's in 1958 for only USD $60. Following a meticulous restoration and scholarly research establishing its status as a da Vinci, the work returned to public auction in 2013 at Sotheby's, where it was purchased by the controversial Swiss freeport owner Yves Bouvier for USD $80 million. Bouvier then flipped the work to his client, the Russian oligarch Dmitry Rybolovlev, for USD $127 million. The work subsequently became embroiled in Rybolovlev's allegations against Bouvier, with the Russian investor claiming that we was defrauded of USD $1 billion by the Swiss businessman.