Auction block
NEW YORK — A 500-year-old da Vinci painting, “Salvator Mundi” once belonged to a king who died on the chopping block.
On Wednesday, it fetched a king’s ransom — on the auction block. It sold for $450 million late Wednesday — which included the buyer’s premium that is paid to the auction house — in a bidding war that spanned nearly 20 minutes. The price hit $300 million about midway through the auction.
READ MORE and see the news clip from CBSnews.