Michelangelo’s First Nude Sells For €23,2M / £19,6M / $24,4M

Christie’s Paris Old Masters sale began with the momentous sale of A nude young man (after Masaccio) surrounded by two figures by Michelangelo, selling for €23,162,000 / £19,645,462 / $24,380,019, establishing it as the most expensive work by the artist to have ever sold, the highest price ever achieved for a work on paper offered on the European continent, and the third highest price for an Old master Drawing ever sold.

This sale rounds out a series of recent landmark auctions at Christie’s setting new records in various categories, including the Violon d’Ingres by Man Ray, the most expensive photograph since 14 May ($12,4 million), and the Shot Sage Blue Marylin by Andy Warhol setting a new record on 9 May for a 20th-century work of art ($195million).

Michelangelo's First Nude Sells For €23,2M / £19,6M / $24,4M

Stijn Alsteens, International Head of Department – Old Master Drawings: “We are proud to have rediscovered this drawing and grateful to have been entrusted with its sale. The outstanding price it has achieved today is a testament to the enduring admiration for one of the greatest artists of all times, and to the strength of the art market, in particular for masterpieces of this caliber.”

Victoire Gineste, Auctioneer: “The auction of artwork of this magnitude may well be a once-in-a-lifetime opportunity. It goes with a very special emotion. I also want to thank collectors and bidders for their tribute to one of the greatest artists of all times.”

Christies

Christie’s, the world's leading art business, had auction sales in the first half of 2019 that totalled £2.2 billion / $2.8 billion. Christie’s is a name and place that speaks of extraordinary art, unparalleled service and international expertise. Christie’s offers around 350 auctions annually in over 80 categories, including all areas of fine and decorative arts, jewellery, photographs, collectables, wine, and more. Prices range from $200 to over $100 million. Christie's also has a long and successful history conducting private sales for its clients in all categories, with emphasis on Post-War & Contemporary, Impressionist & Modern, Old Masters and Jewellery.