A new record in the world of art
In an extraordinary event for the art world, a rare drawing by the Italian Renaissance master Michelangelo Buonarroti sold for a staggering $27.2 million at a Christie's auction in New York. This price not only shattered initial expectations but also set a new record for any work on paper by the legendary artist, reaffirming the enduring value of his art.
The artwork, a small preparatory study drawn in red chalk, depicts a detailed human foot. A fierce 45-minute bidding war ensued among art collectors from around the world, both in person and via telephone and the internet, ultimately exceeding its initial estimate by more than twenty times. Christie's did not disclose the identity of the winning bidder.
Historical background: A window into the genius of Michelangelo
This drawing gains its immense importance from its direct connection to one of the greatest masterpieces in human history: the ceiling of the Sistine Chapel in the Vatican. Experts have confirmed that this study represents the right foot of the Libyan Sibyl, one of the majestic figures Michelangelo depicted in the frescoes adorning the ceiling. These preparatory drawings are extremely rare; only about ten of the artist's sketches are known to exist in private collections, while the rest are held in major museums worldwide.
These studies offer a unique opportunity for researchers and the public to gain insight into Michelangelo's creative process, revealing his meticulous methodology in studying human anatomy and planning his monumental works. Every line in this drawing reflects his genius in capturing form, movement, and energy—skills that made him one of the greatest sculptors and painters of all time.
The importance of the event and its impact on the art market
This auction marks a significant milestone in the global art market, particularly in the Old Masters sector. In an era where attention has shifted towards contemporary and modern art, this sale reaffirms the enduring appeal and investment power of historical works that have stood the test of time. The story of the painting's discovery adds to its allure: its owner submitted a photograph to Christie's online valuation portal, unaware of its true value, and its authenticity was subsequently verified.
Andrew Fletcher, global head of Old Masters at Christie’s, stated that the piece was “exceptional and has a remarkable story,” adding that it was likely “the only opportunity that collectors might have to acquire a model of what is considered the greatest work of art ever.” This sale reinforces Michelangelo’s status not only as a historical artist but also as a powerful force in the art market, even five centuries after his death.
