A 450-year-old work by Italian artist Titian which sold recently in New York broke the auction record for the Renaissance master by a full $5 million.
A Sacra Conversazione: The Madonna and Child with Saints Luke and Catherine of Alexandria was sold at Sotheby’s to a European telephone bidder for $16.9 million.
It beat the previous Titian auction record of $11.9 million paid at Christie’s in London in December 1991 for Venus and Adonis, according to the BBC.
A spokeswoman for Sotheby’s said A Sacra Conversazione was “one of only a handful of multi-figured compositions by Titian that remain in private hands,” according to the BBC, adding the work was “the most important to appear at auction in decades.”