What is the value of the Mona Lisa? The insurance value of Da Vinci's Mona Lisa was $100 million in 1962. When adjusted for inflation, this money will be worth more than $867 million in 2021.
The real value of the painting has been debated by art historians for nearly 400 years. Some claim it is a copy made from Leonardo's original and therefore not worth anything. Others say it is a unique work by Leonardo and is valued according to its quality and quantity of strokes used by the painter.
In 2011, an expert panel convened by France's Ministry of Culture issued a report which estimated that the real value of the painting was between $5 million and $7.5 million. They also noted that since 1866 when it was bought by American millionaire Paul C. Jones, it has been insured for $100 million.
Mona Lisa has been attributed to Leonardo da Vinci many times over the years. It was first mentioned in a document dated 1511 where it was stated that Leonardo painted a picture called "La Giaconda" (the Giaconda being the name given to her by Florentines who did not know she was a woman). In 1917, a French scholar named Henri de Blanck identified the painting as being by Leonardo. He based this conclusion on similarities he found with other paintings by the artist.
Have you ever wondered how much Leonardo Da Vinci's most renowned artwork, The Mona Lisa, is worth today? The Mona Lisa, with the highest insurance and regarded as "priceless," is believed to be worth more than $850 million after inflation.
She has been called the first true celebrity portrait and is now housed in the Louvre in Paris. In 2016, it was reported that she had been removed from display because of health concerns about her condition. Her face is said to be suffering from aging caused by moisture retained within the wood panel on which she is painted. However, experts deny that she is no longer able to smile, just that her facial expression has been interpreted as one of peace rather than of amusement. They claim that she will need to be restored before being put back on display.
The price tag has also made The Mona Lisa the most expensive painting in the world. She has been surpassed by two other paintings by Leonardo, both of which are now in a museum near Venice: the Virgin of the Rocks and the Lady with an Ermine. The prices listed here are the estimated values provided by art market analysts for each work; they do not include the cost of acquisition or any other expenses such as restoration or shipping.
Mona Lisa (c. 1503-05) by Leonardo da Vinci. Oil on wood, 51 x 39 cm.
They are considered priceless since museums seldom sell them. According to Guinness World Records, Leonardo da Vinci's Mona Lisa has the highest insurance value for an artwork ever. This transaction more than quadrupled the previous record, ushering in a new era of high art sales. The painting was sold by its French owner, François-Marie Banexte, to an American consortium led by Jean-Christophe Berger.
Berger died in July 2007, and his heirs decided to divide up his collection. The painting was divided into six parts, with prices ranging from $4 million to $7 million. It was bought by a Chinese investor group for $450 million - at that time, the most anyone had ever paid for a work of art.
Almost as soon as it was acquired by the Chinese government, questions were raised about where the money came from and whether it was legitimate. In 2009, the Chinese government announced that it was returning the painting to France because it did not meet national standards for quality control of cultural properties.
Although it was not proven that the buyer was actually Chinese, many people believe that this incident helped spur the development of greater government regulation of the art market in China.
Since then, no other major auction sales have been reported for the painting. It is currently on display in the Museo del Prado in Madrid.
Leonardo da Vinci's Mona Lisa That would be over $700 million USD in today's money, easily making it the most costly artwork. It surpassed its original price tag of 3 years' pay for a man when it was sold at auction in 1997.
The painting itself is about 1 foot wide by 2 feet high and lies on a wall panel covered in notes and drawings made by Leonardo during his lifetime. He first painted the face in 1515-16 for one of his clients, but never delivered the work; instead he kept it in his studio where it became an inspiration for many other artists. The portrait finally found a new owner in 1917 when it was bought by American industrialist Henry Clay Frick. He had it shipped back to America and displayed it in his New York mansion until his death in 1919. After this point the painting remained in the family until it was sold again in 1961.
The record price for a work of art is now held by Paul Cézanne's La Japonaise, which sold for $140 million in November 2006. It is estimated that da Vinci's painting was worth more than this around 1500.'
Since then other paintings have been valued even higher.