Art

22 Most Expensive Paintings Ever Sold: Delve into Art Market Economics

The high-stakes art market is a place of massive fortunes, sudden updates, and mysteries. This quiz looks at the famous Salvator Mundi auction and other legendary transactions.

You will see questions about record-breaking auction prices, legal battles over lost masterpieces, and the terms used by collectors. Some questions cover specific artists, while others ask about transactions behind the scenes.

After you finish, you can visit our pages on celebrated masterpieces, read about renowned painters, or explore art museums.

Which Renaissance master painted the ‘Salvator Mundi’, the most expensive painting ever sold at public auction?

Pablo Picasso

Pablo Picasso

Claude Monet

Claude Monet

Vincent van Gogh

Vincent van Gogh

Leonardo da Vinci

Leonardo da Vinci

What was the final sale price of ‘Salvator Mundi’ at Christie’s in 2017?

$500 million

$500 million

$350 million

$350 million

$450 million

$450 million

$400 million

$400 million

Which institution announced that it would house the ‘Salvator Mundi’ shortly after its record-breaking auction?

The Prado Museum

The Prado Museum

The Louvre Abu Dhabi

The Louvre Abu Dhabi

The Metropolitan Museum of Art

The Metropolitan Museum of Art

The National Gallery, London

The National Gallery, London

Which major auction house handled the historic sale of the ‘Salvator Mundi’?

Sotheby’s

Sotheby’s

Art Basel

Art Basel

Phillips

Phillips

Christie’s

Christie’s

What is the subject matter of the ‘Salvator Mundi’?

Still life with fruit

Still life with fruit

Portrait of a man as Christ

Portrait of a man as Christ

Large-scale historical landscape

Large-scale historical landscape

Impressionist masterpiece

Impressionist masterpiece

In which city did the record-breaking 2017 auction of the ‘Salvator Mundi’ take place?

Hong Kong

Hong Kong

Paris

Paris

London

London

New York City

New York City

What term is frequently used for high-security storage facilities where extremely valuable artworks are often kept for tax and privacy reasons?

A traditional museum vault

A traditional museum vault

A private home in London

A private home in London

A ‘Freeport’

A ‘Freeport’

A commercial art gallery

A commercial art gallery

What term refers to the documented history of ownership of an object, which is crucial for determining its value and authenticity?

Appraisal

Appraisal

Authentication

Authentication

Restoration

Restoration

Provenance

Provenance

What is the additional percentage charge added to the winning bid at an auction, which covers the auction house’s overhead?

Auction Tax

Auction Tax

Reserve Markup

Reserve Markup

Buyers Premium

Buyers Premium

House Fee

House Fee

Which painting was sold in a private sale for approximately $300 million in 2015, setting a significant benchmark for modern art pricing?

‘No. 6 (Violet, Green and Red)’ by Mark Rothko

‘No. 6 (Violet, Green and Red)’ by Mark Rothko

‘Les Femmes d’Alger’ (Version O) by Pablo Picasso

‘Les Femmes d’Alger’ (Version O) by Pablo Picasso

‘Interchange’ by Willem de Kooning

‘Interchange’ by Willem de Kooning

‘The Card Players’ by Paul Cézanne

‘The Card Players’ by Paul Cézanne

Which organization became a major global force in the art market during the early 21st century by acquiring monumental works by artists like Paul Cézanne and Paul Gauguin?

The National Gallery of Art, DC

The National Gallery of Art, DC

The Qatar Museums Authority

The Qatar Museums Authority

The Tate Collection

The Tate Collection

The Getty Trust

The Getty Trust

Which famous post-impressionist series was sold to the state of Qatar for a price estimated at over $250 million?

‘The Starry Night’ by Vincent van Gogh

‘The Starry Night’ by Vincent van Gogh

‘The Scream’ by Edvard Munch

‘The Scream’ by Edvard Munch

‘Water Lilies’ by Claude Monet

‘Water Lilies’ by Claude Monet

‘The Card Players’ by Paul Cézanne

‘The Card Players’ by Paul Cézanne

In an auction context, what does the term ‘reserve price’ mean?

It is the starting bid for an auction

It is the starting bid for an auction

It is a tax exemption amount for private buyers

It is a tax exemption amount for private buyers

It is required to prove a painting is authentic

It is required to prove a painting is authentic

It is the minimum price a seller is willing to accept

It is the minimum price a seller is willing to accept

Which artist holds the most entries on the list of paintings sold for over $100 million?

Jackson Pollock

Jackson Pollock

Pablo Picasso

Pablo Picasso

Salvador Dalí

Salvador Dalí

Claude Monet

Claude Monet

What is the term for a financial arrangement where an auction house or a third party promises a seller a specific minimum price regardless of the final bidding?

A guarantee of sale

A guarantee of sale

An authenticity warranty

An authenticity warranty

A transfer of copyright

A transfer of copyright

A conflict of interest agreement

A conflict of interest agreement

Which museum famously deaccessioned Mark Rothko’s ‘Untitled (1960)’ in 2019, selling it at auction for millions of dollars to fund collection diversification?

The Hermitage Museum

The Hermitage Museum

The Museum of Modern Art (MoMA)

The Museum of Modern Art (MoMA)

The San Francisco Museum of Modern Art (SFMOMA)

The San Francisco Museum of Modern Art (SFMOMA)

The Art Institute of Chicago

The Art Institute of Chicago

Which famous Paul Gauguin painting set a world record for the most expensive painting sold when it was purchased by the Qatar Museums in 2014?

‘Where Do We Come From? Who Are We? Where Are We Going?’

‘Where Do We Come From? Who Are We? Where Are We Going?’

‘The Yellow Christ’

‘The Yellow Christ’

‘Vision After the Sermon’

‘Vision After the Sermon’

‘Nafea Faa Ipoipo’ (When Will You Marry?)

‘Nafea Faa Ipoipo’ (When Will You Marry?)

What term is used in the art market to describe high-value, stable, and historically significant artworks that are considered ‘safe’ investments?

Blue-chip art

Blue-chip art

Emerging market art

Emerging market art

Conceptual art

Conceptual art

Folk art

Folk art

Who was the lead conservator largely responsible for restoring the ‘Salvator Mundi’ before its public auction?

Martin Kemp

Martin Kemp

Christoph Luitpold Frommel

Christoph Luitpold Frommel

Dianne Dwyer Modestini

Dianne Dwyer Modestini

Luke Syson

Luke Syson

From an economic perspective, what is the primary supply-side driver for the skyrocketing prices of works by ‘Old Masters’ like Leonardo da Vinci?

The artist’s birth year

The artist’s birth year

The amount of paint on the canvas

The amount of paint on the canvas

The scarcity of works by the artist on the market

The scarcity of works by the artist on the market

The physical weight of the frame

The physical weight of the frame

In 2011, which institution included the ‘Salvator Mundi’ in a major exhibition, effectively signaling to the world that it was a verified Leonardo da Vinci?

The Uffizi Gallery, Florence

The Uffizi Gallery, Florence

The National Gallery, London

The National Gallery, London

The Detroit Institute of Arts

The Detroit Institute of Arts

The Louvre, Paris

The Louvre, Paris

Which painting became the center of a landmark legal battle over Nazi-looted art before being sold for $135 million in 2006?

‘Massacre of the Innocents’ by Peter Paul Rubens

‘Massacre of the Innocents’ by Peter Paul Rubens

‘Flag’ by Jasper Johns

‘Flag’ by Jasper Johns

‘Portrait of Adele Bloch-Bauer I’ by Gustav Klimt

‘Portrait of Adele Bloch-Bauer I’ by Gustav Klimt

‘Portrait of Dr. Gachet’ by Vincent van Gogh

‘Portrait of Dr. Gachet’ by Vincent van Gogh

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My passion for travel seamlessly integrates with my love for trivia, as I spend a lot of time on the road. I create engaging trivia quizzes based on the information I gather about new locations, food, music, customs, and people.

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