The world is full of beautiful artwork worth millions of dollars. Ancient and modern art alike fills galleries around the globe. There are however a handful of very wealthy art collectors who can afford to own some of the world’s most valuable artwork. Here are some of the most expensive paintings that hang in art collectors homes rather than in galleries and museums.
Here are some background facts about the art market:
This beautiful portrait was recently valued by an art dealer and is said to be worth between $150 and $250 million. It is owned by 29 year old Jan Six XI. The portrait was of his ancestor, a merchant and the mayor of Amsterdam at the time. It has been passed down his family tree for centuries.
This is one of Caravaggio’s most famous paintings and depicts a very detailed and passionate image of Saint Paul falling off his horse on the way to Damascus. It hangs in Rome and is part of the Odescalchi Balbi Collection. It is worth approximately $120-$180 million. Italy has strict export restrictions with regard to art, which states that paintings by Italian artists owned privately, cannot be sold to any foreign buyers.
This famous Picasso work was sold in Paris in 1989 for a mere $51.67 million. In less than 30 years its value had rocketed and it is now worth between $120-160 million.
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This portrait by Van Gogh was sold in 1990 for $82.5 million. In the late 1990’s it was sold again, for about $90 million (the exact price is unknown). Rumour has it that it has since been sold yet again to an anonymous art collector for about $100 million. The painting is currently worth between $120 and $160 million.
Andy Warhol’s “Silver Car Crash” was sold for $105 million and is the highest price that any of his paintings have ever been sold for. His portrait “Mao” may break that record as it is apparently for private sale for $120 million.
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The Water Lily series consists of about 250 paintings. This particular painting is the most famous Monet in private hands and is worth about $100-$140 million
This particular painting is a smaller version of the larger scale painting of the same name. The larger hangs in The Louvre. The smaller was owned by John Hay Whitney. After his death, his widow sold the painting to Ryoei Saito in 1990 for $78.1 million. Saito ran into financial difficulties and had the painting repossessed by the bank. It was then sold to an anonymous Swiss art collector in 1998 for a price said to be less than $78 million. It is currently worth about $90-$120 million.
This painting is attributed to da Vinci so it is still not 100% certain that he actually painted it. However, it is still worth an exorbitant amount of about $80-150 million. It is owned by a private collector in New York.
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This painting is currently worth between $80-120 million. It was last sold in 1998 for about $45 million.
This beautiful painting is of a mountain in southern France and is worth about $75-100 million.
If you are thinking of joining this elite group of private collectors…. You better start saving! Paintings by these great artists do not go cheap. And rightly so…..But if you could afford to buy one of these paintings you are one fortunate collector as the value of these paintings will only go one way: UP!