• 9 hours Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 13 hours 14 Million People Will Lose Unemployment Benefits On December 31st
  • 2 days Why 12 Million American Millionaires Isn’t Good News
  • 3 days Big Oil Is Paying The Price For Investing In Renewables
  • 4 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 5 days Did Amazon Just Democratize Prescription Drugs?
  • 7 days The Private Space Race Just Got Very Real
  • 8 days Short Sellers Are Willing Big In This Turbulent Market
  • 10 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 10 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 11 days China’s Big Tech Takes A Hit As Regulators Crack Down
  • 12 days Black Friday Could Be Retailers’ Only Hope
  • 13 days Why You Should Not Dump Your Stay At Home Stocks Just Yet
  • 14 days The Real Reason Why Uber And Lyft Stocks Have Soared Nearly 50%
  • 16 days Bitcoin Heads Towards $16,000 And No One’s Cashing In
  • 17 days Elon Musk’s $250 Tesla Tequila Is Already Sold Out
  • 18 days Will The San Francisco Wealth Tax Spark An Exodus Of The Rich?
  • 19 days The Fin-Tech IPO Of The Century Just Got Crushed
  • 20 days UK Bookies Report Largest-Ever Political Bet Ahead Of Election Results
  • 21 days Better Safe Than Sorry: 5 Alternative Investment Plays
SpaceX Gets Go-Ahead To Send Humans Into Space

SpaceX Gets Go-Ahead To Send Humans Into Space

NASA has officially certified the…

Banksy’s Littered ‘Monet’ Sells for $10M

Banksy’s Littered ‘Monet’ Sells for $10M

“Show Me The Monet” was…

Alibaba Is About To Make History Again

Alibaba Is About To Make History Again

Alibaba bulls can now bet…

  1. Home
  2. News
  3. Breaking News

The 5 Most Expensive Art Pieces Ever Sold

Art

A 1988 Volvo box truck FL6 17-ton truck circa 1988 is about to go on the auction block where it could possibly fetch a cool $2 million, according to Car and Driver Magazine.

The auction is set for September 14, and this could be the most a box truck sells for—ever—thanks to anonymous graffiti artist who goes merely by “Banksy”.

The truck, a 1988 Volvo FL6 box truck, has been painted—or more aptly, graffitied—by the England-based street artist and is expected to sell for at least $1.3 million later this month—and possibly for as much as $2 million.

The truck, known as “Laugh Now but One Day We’ll Be in Charge” was painted in 2000 by the renegade artist, and is his largest work to date.

But it is far from his most famous—or rather, infamous. Banksy’s “Girl with a Balloon” painting which sold for $1.4 million at auction, was designed (unbeknownst to the buyer) to shred itself immediately after the auction gavel fell. The buyer, while shocked, decided to go through with the sale despite the shredding.

This opulence in the art world is surpassed only by the staggering sums people have paid for art over the last few years.

We have the top five for you right here.

#1. The most expensive painting ever sold, even drawing shock from those in the art community, was Salvador Mundi, by Leonardo Da Vinci, which sold for $450.3 million at Christie’s in 2017. The figure is even more surprising because it is questionable whether it is even an authentic da Vinci. The winning bidder was Saudi Arabia’s Crown Prince, HH Sheikh Mohammed bin Salman.

#2 Willem De Kooning’s “Interchange” raked in $300 million at a private sale in 2015 to hedge fund manager Kenneth Griffin. While only second on our list, it is the most expensive abstract painting sold to date. Its original sale date was in 1955 for just $4,000.

#3. Third on our list is Paul Cezanne’s “The Card Players which sold in 2012 for somewhere between $250 million and $300 million. The buyer this time was the Royal Family of Qatar, and the painting was purchased from a broker, rather than at auction. At the time of sale, it ranked #1 on the list of most expensive artworks ever sold, and was only later surpassed by “Interchange” and “Salvador Mundi”.

#4. “Nafea FAA Ipoipo”, by Paul Gauguin, sold for $210 million, and like The Card Players, the buyer was the Qatar Royal Family in 2014. At the time of sale, the 1892 painting was thought to be the most expensive painting ever sold, but because it was a private sale to a secretive royal family, the true amount was not known. Since then, it has been revealed through a lawsuit that it sold for $210 million, about $90 million less than what was originally thought.

#5. Jackson Pollock’s “Number 17A” rounds out the top five list, selling for $200 million to the same buyer who purchased “Interchange”, Kenneth Griffin.

While Banksy’s “Laugh Now” doesn’t rise to level of excess seen in the top 5, it certainly sets the tone for artwork going forward, opening up a whole new craze for art lovers to partake in.

By Julianne Geiger for SafeHaven.com

More Top Reads From Safehaven.com:

Back to homepage

Leave a comment

Leave a comment