for the highest price sold. He Died in May 2, 1519 in Amboise, Kingdom of France.His Famous works includes Mona Lisa, The Last Supper, The Vitruvian Man Style/Period: High Renaissance Biography. In this episode, we're taking you inside the world of rare books, manuscripts, and Old Masters works to tell you about how we've estimated the value of one very special notebook, with ties to the world's most expensive painting ever sold at auction: the Salvator Mundi. For this notebook, we considered values ranging from $50 million, all the way up to $4 billion. Because the Louvre cannot comment on privately-owned works it has not displayed, the book can't be published, and at first, Cole says, the museum denied its existence. TINDERA: Hypothetically though, Simon explained that our logic of taking one drawing and reviewing the sale price of that to extrapolate what a whole manuscript filled with drawings might be worth was something he considered in his own appraisal. The first is da Vinci's "The Last Supper," painted during his time in Milan, from about 1495 to 1498. The world's most expensive painting to sell at auction is Leonardo da Vinci's Salvator Mundi, which sold for $450.3 million on November 15, 2017 at Christie's.Shattering previous records and exceeding auction expectations, the sale underscored market demand for the artist's rare auction appearances, and the competition among collectors to own a work of such caliber and distinction. He was known to be fastidious in personal care, keeping a beard neat and trim in later age, and to dress in colorful clothing in styles that dismissed current customs. From about 1483 to 1486, he worked on the altar painting The Virgin of the Rocks, a project that led to 10 years of litigation between the Confraternity of the Immaculate Conception, which commissioned it, and Leonardo; for uncertain purposes, this legal dispute led Leonardo to create another version of the work in about 1508. TINDERA: Slicing up and selling off a beautiful manuscript or book is not without precedent, though, Robert explained to us. Everyone agreed, like Robert Simon said, that were it to go up for auction today. But when I saw it, it didn't sit comfortably with me as an autograph Leonardo." Alison Cole, editor of The Art Newspaper, has written extensively about the painting and saw it at the National Gallery. The Virgin and Child with St Anne was painted by Leonardo Da Vinci in 1510. He also pulled together a list of artwork that he found it to be similar to. TINDERA: But admittedly, Darren told us that he wasn't a da Vinci, or Codex expert and was hesitant to put a value on it out of the gate. In 1993, Simon was hired by the trustees of the Armand Hammer Museum to do an appraisal of the Codex back when it was known as the Codex Hammer. His shares were of limited value when he was given them, but by the time of Facebook's IPO they were valued at around $200 million. Since the museums rarely sell them, they are considered priceless. It would not draw more than the Salvator Mundi, which sold for $450 million. Knowingly or not? The general attitude toward art crime, he says, used to be shrugged off as "it's billionaires spending money, crooking each other", but today there is a realisation that "no, you can't loot that country's entire cultural heritage". Fifty-fivefive-point-five million dollars to start it. Bin Salman himself visited President Emmanuel Macron in Paris while the loan was dangling in the balance. Here are 20 of Leonardo da Vinci's most famous paintings: Mona Lisa by Leonardo da Vinci. This wall painting in the Dominican monastery of Santa Maria delle Grazie, Milan, allowed Leonardo to explore how the body communicates inner states of being. SIMON: And if you look at the illuminated manuscripts that are from, you know, missiles, and you know, these are Renaissance manuscripts, many of them have been broken apart. The abrupt $20m and $30m jumps in price were indeed unusual, Cerutti confirmed. According to a CNBC report, the median net worth of someone who is 66 years old, which is Gates' age is about $266,000. The Nahmad family bought Suprematist Composition in 2008 at Sotheby's, New York, for $60,002,500 ($76million in 2021 dollars) from the heirs of Kazimir Malevich. TINDERA: That's Gates talking for a video posted on his blog a few years ago, around the time that he exhibited the Codex Leicester in some museums in Europe. So Gates buying Leonardo da Vinci's notebook is the equivalent of a typical 66-year-old splurging ona new iPad. Months earlier, he had appeared on the cover of Forbes, and he was a member of our very first Forbes 400 ranking. Leonardo da Vinci was described as having a gracious but reserved personality and an elegant bearing. But as it turned out, he also had his own personal connection to the Codex. On June 11, 2017, Ms. Gund revealed that she intended to use the proceeds from the sale of the painting for a specific purpose: to create a fund that supports criminal justice reform and seeks to reduce mass incarceration in the United States. This painting depicted St. Anne, her daughter the Virgin Mary, and the infant Jesus. MICHELA TINDERA: So its 1994, and were listening to an auction in a salesroom at Christie's in Manhattan. As he would throughout his life, Leonardo set boundless goals for himself; if one traces the outlines of his work for this period, or for his life as a whole, one is tempted to call it a grandiose unfinished symphony.. Finding a new one is rarer than finding a new planet, he said. Leonardo da Vinci, (Italian: "Leonardo from Vinci") (born April 15, 1452, Anchiano, near Vinci, Republic of Florence [Italy]died May 2, 1519, Cloux [now Clos-Luc], France), Italian painter, draftsman, sculptor, architect, and engineer whose skill and intelligence, perhaps more than that of any other figure, epitomized the Renaissance humanist Using monthly averages gives slightly different numbers, most significantly for paintings sold early or late in a year with significant inflation. How many Leonardo da Vinci paintings are there? The US art critic Jerry Saltz rails in The Lost Leonardo that "it's not even a good painting", much less a great Leonardo, while true believers gush that seeing it in person is a transcendent experience. PETERSON-WITHORN: Two were da Vinci drawings of draperies. Nonetheless, the exhibition went a long way toward legitimising a shaky attribution. His Last Supper (149598) and Mona Lisa (c. 150319) are among the most widely popular and influential paintings of the Renaissance. We felt that offering this painting within the context of our postwar and contemporary evening sale is a testament to the enduring relevance of this picture.. But even then, many Leonardo experts were dubious that the painting had more than a few brush strokes by him, and those doubts have ramped up ever since. The inflation adjustment may change as recent inflation rates are often revised. She is a captivating, elegant presence on screen, with a whispery voice and wide eyes behind signature black or red-framed glasses. [note 1] Where necessary, the price is first converted to dollars using the exchange rate at the time the painting was sold. The painting, which dates to around 1500, was lost to history for more than 200 years, was damaged and badly restored, and was sold and resold as a minor work, probably by a Leonardo acolyte.. There are more and more platforms for telling stories. The work, thought to be a 500-year-old portait of Madonna and child, is potentially worth over $150 million (100 million) if experts are able to prove its authenticity. Five hundred years later, the Codex is in such good condition, in part because it hasn't changed hands many times. Why do bad things happen to But he went even beyond that. There was a bit of an odd snag with the purchase, and Forbes reported on it in 1994. Highly esteemed, he was constantly kept busy as a painter and sculptor and as a designer of court festivals. This list is ordered by consumer price index inflation-adjusted value (in bold) in millions of United States dollars in 2021. An exceptional case is graffiti artist David Choe, who accepted payment in shares for painting graffiti art in the headquarters of a fledgling Facebook. She spent years restoring the painting, and passionately defends its authenticity in precise detail, pointing out the pentimento under Christ's thumb or a curve of his mouth that could only be Leonardo's. 1. The alleged vandalism attempt on Sunday left the painting's glass covered in cake frosting. Portrait of Ginevra de' Benci by Leonardo da Vinci. And Lewis points out that as the art market has enlarged, our world view itself has changed. And it was a challenge. TINDERA: That's Darren Winston. But, because of the imminent danger of war, the metal, ready to be poured, was used to make cannons instead, causing the project to come to a halt. However, weeks after the grand opening of his museum, where he planned to showcase the Codex and other art he had collected over the years, Hammer died at the age of 92. Mona Lisa is not only Leonardo da Vinci's most famous painting but the entire world's most famous painting. Leonardo da Vincis total output in painting is really rather small; there are less than 20 surviving paintings that can be definitely attributed to him, and several of them are unfinished. Nonetheless, Leonardos notebooks reveal a sharp intellect, and his contributions to art, including methods of representing space, three-dimensional objects, and the human figure, cannot be overstated. In Verrocchios renowned workshop Leonardo received multifaceted training that included painting and sculpture as well as the technical-mechanical arts. It's with you at $28 million. Price excludes sales commission and other costs. There is so much information in the public sphere that everyone can have the illusion of being an insider. Self-portrait as Archangel Gabriel unveiled, Queen's Leonardo da Vinci drawings to be shown across UK cities, Salvator Mundi by Leonardo Da Vinci before and after restoration. The auction house would not reveal the identity of the buyer or even the region from which they came. The Top 10 Most Expensive Paintings Ever Sold At Auctions 10. Gifted with a curious mind and a brilliant. According to some sources, the painting had been sold by Argentinian art collector Nelly Arrieta de Blaquier for $300 million,[9] but the price was not confirmed by any of the parties involved.[10]. During his second period in Florence (1500-1508), he painted his most famous work, the Mona Lisa (ca. On permanent display at the Louvre in Paris, the Mona Lisa was assessed at US$100 million on 14 December 1962. TINDERA: Hammer is also the great-grandfather of Hollywood actor Armie Hammer. TINDERA: Robert Simon is perhaps best known in the art world for having a very close connection to a painting that is synonymous with money, power and controversy: the Salvator Mundi. For those who don't know it, it's a painting of Christ that sold at a Christie's auction in 2017 for $450 million, which is by far the most expensive work of art that's ever sold at auction. TINDERA: That's right. Leonardo da Vinci was an artist and engineer who is best known for his paintings, notably the Mona Lisa (c. 150319) and the Last Supper (149598). Head of anApostle. The painting disappeared from 1763 until 1900, when it was bought by Sir Charles Robinson as a work by Bernardino Luini, a follower of Leonardo. Kenneth Griffin acquired it in 2004 from Wynn. We should note here that we did reach out to Christie's, as well as Bill Gates to ask if they had any comments on the value of the Codex today. The case led to the resignation of Monacos then justice minister, Philippe Narmino. So Gates sort of went out and bought the ultimate book. Renaissance artist, inventor, polymath, musician, and architect who painted the Mona Lisa and The Last Supper and drew the iconic Vitruvian Man. Cole was the first to report, in March 2020, the existence of a 46-page booklet the Louvre prepared for publication but never released, which asserts that the piece is an authentic Leonardo. Please refer to the appropriate style manual or other sources if you have any questions. Alan Wintermute, a senior specialist in old master paintings at Christies in London, called it the holy grail of old masters. The buyer was anonymous, but the New York Times soon revealed him to be acting for bin Salman, a discovery that catapulted the painting into the geopolitical realm. In 1472 Leonardo was accepted into the painters guild of Florence, but he remained in his teachers workshop for five more years, after which time he worked independently in Florence until 1481. Various vandals have tried to harm da Vinci's famed masterpiece, and 1956 was a particularly bad year. So next, we decided to try some sources who not only know Old Masters works, but they know da Vinci really well. SIMON: What it does is make you realize how important the fact that the Codex has survived intact is. The original one is now located at Muse du Louvre, Paris. And to put into perspective, how much less art sold for 40 years ago, the sale of the Codex was the fifth-highest price for any piece of art sold at auction ever. Omissions? The Battle of Anghiari by Leonardo da Vinci. A Leonardo, even one as dulled as this, could prove an amusing conversation piece. In cases like these, that's why we have to turn to the experts who know more about this than us. A jump to $370. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree. The Louvre and the National Gallery refused to comment for either film. On Sunday, May 29, a man disguised as an old woman in a wheelchair threw a cake at the Mona Lisa, Leonardo Da Vinci's legendary painting at Louvre, Paris. His drawing of the Vitruvian Man (c. 1490) has also become a cultural icon. Leonardo devoted 12 yearswith interruptionsto this task. And if you liked this story,sign up for the weekly bbc.com features newsletter, called The Essential List. What was Leonardo da Vincis family like? PETERSON-WITHORN: Exactly. Like we did earlier in this episode, he considered the price that it sold for in 1980. And Lewis has a new eight-episode podcast, Art Bust: Scandalous Stories of the Art World, which promises stories of "the ugliest crimes, the biggest scandals and the murky in-between." So of course, da Vinci never called it the Codex Leicester or the Codex Hammer. We also spoke with Stephen Massey, who we heard at the beginning of this episode. Record private sales are believed to include $250m for a painting by Paul Czanne and $300m for a Paul Gauguin. TINDERA: Okay, so our $4 billion estimate isn't all that realistic. The Netflix series This Is a Robbery delves into the 1990 theft of masterworks including a Rembrandt from the Isabella Stewart Gardner Museum in Boston. As a painter, Leonardo completed six works in the 17 years in Milan. Leonardos parents were unmarried at the time of his birth. And seeing these works enjoyed by people all over the world. If you would like to comment on this story or anything else you have seen on BBC Culture, head over to ourFacebookpage or message us onTwitter. Two years later, some colourful characters entered the game. The current record price is approximately US$450.3 million (which includes commission), paid for Leonardo da Vinci's Salvator Mundi (c.1500). They brought it to Dianne Modestini, a highly respected restorer, who removed decades of grime and overpainting, and was the first to suspect it might be a true Leonardo. In 1982, he appeared on our list with an estimated net worth of $150 million. The New York Times confirmed rumours that the Louvre wouldn't accede to bin Salman's demand that his painting be displayed in the same room as the Mona Lisa, giving it near-equal status. The Lost Leonardo is now playing in the US and opens in the UK on 10 September. As of 2023, Leonardo da Vinci's net worth is $320 million. "And it is involved therefore in the politics around culture. [6] Though the Louvre Museum had turned down the opportunity to purchase it for 100 million,[7] the painting was estimated to sell for $110 to $170 million. He was also frequently consulted as a technical adviser in the fields of architecture, fortifications, and military matters, and he served as a hydraulic and mechanical engineer. ARCHIVAL CLIP OF ARMAND HAMMER: I guess I'm wearing a great many hats. He's the head of the Books, Maps and Manuscripts department at Freeman's Auction House in Philadelphia. It looks interesting. Leonardo da Vinci paintings that is on public display in the Western Hemisphere. Leonardo da Vinci not only developed his skill in drawing, painting and sculpting during his apprenticeship, but through others working in and around the studio, he picked up knowledge in such diverse fields as mechanics, carpentry, metallurgy, architectural drafting and chemistry. At one point, a telephone bidder jumped in, pushing the price from $332m to $350m. The painting was sold in November 2017,[1][2] through the auction house Christie's in New York City. There are a great many superb extant pen and pencil drawings from this period, including many technical sketchesfor example, pumps, military weapons, mechanical apparatusthat offer evidence of Leonardos interest in and knowledge of technical matters even at the outset of his career. Leonardo da Vinci. The film doesn't take a stand on the painting's attribution, but makes it clear that museums, dealers and potential buyers had millions to gain along with incalculable prestige by choosing to believe it is a true Leonardo. On permanent display at the Louvre in Paris, the Mona Lisa was assessed at US$100 million on 14 December 1962. Paintings are listed only once, i.e. PETERSON-WITHORN: The person who ended up winning the auction was Armand Hammer, the 82-year-old multimillionaire chairman of oil and gas giant Occidental Petroleum. He was described in our Forbes 400 issue of the magazine that year as both a hard worker and brutally candid.. [13][14], Among the listed top 89, only six are paintings by non-Western artists. Or is it? All episodes of the Art Bust podcast are available now. That is still a question. His was the last name on the 1988 provenance list; painting came from "a private collection in Arizona". He was the auctioneer at the 1994 Christie's sale. Leonardo Da Vinci 1503 It was kept it at the Palace at Fontainebleau, where it remained until King Louis XIV moved the painting to the Palace of Versailles. That's why these valuations can be so tricky. Twenty-eight million. The unique fame that Leonardo enjoyed in his lifetime and that, filtered by historical criticism, has remained undimmed to the present day rests largely on his unlimited desire for knowledge, which guided all his thinking and behaviour. Saviour for Sale opens in the US on 17 September. I'm going to show it all over the world.. He applied his creativity to every realm in which graphic representation is used: he was a painter, sculptor, architect, and engineer. A scene from Saviour for Sale, a second documentary about the Salvator Mundi, by French journalist Antoine Vitkine (Credit: Zadig Productions). "I'm absolutely sure that six months down the road or a year, there's going to be some kind of new information, whether true or not, that's going to blow up everywhere in the news media," Dalsgaard says. a 2011 exhibition at the National Gallery in London, Art Bust: Scandalous Stories of the Art World, Kim Kardashian was photographed next to it. Oil tycoon Armand Hammer bought it that year, and 14 years later, Gates bought it at another auction. In New York last night, he said he had never doubted the piece would break records. The final winning bid? But some have said that's because he was left-handed, and he didnt want his ink to smear. Yves Bouvier, a Swiss art dealer, bought the painting from the New York dealers for $83 million, reportedly on behalf of his client, a Russian oligarch named Dmitry Rybolovlev, though this is disputed by Mr Bouvier. Something like the first printing in North America, or the first time a new word was used in print. Leonardo did not seriously study Latin, the key language of traditional learning, until much later, when he acquired a working knowledge of it on his own. It's on the last telephone at $28 million. TINDERA: The Italian government had reportedly been expected to participate in the auction. I'm an art dealer in New York. The collector acquired it from Bouvier for $127m, who had in turn acquired it from Sothebys in a private sale in 2013 for about $50m less. Guinness World Records lists Leonardo da Vinci's Mona Lisa as having the highest ever insurance value for a painting. His father, Ser Piero, was a Florentine notary and landlord, and his mother, Caterina, was a young peasant woman who shortly thereafter married an artisan. Exact price (even the currency of sale) is not known, with estimates from $250 million to $300 million, Within weeks after a private viewing in Vienna in September 2012, Rybolovlev agreed to pay $183.8 million via his dealer Bouvier. The painting was consigned to Christies by Dmitry Rybolovlev, 50, a Russian fertiliser oligarch who has been at the center of an art-world scandal involving claims that a Paris-based dealer, Yves Bouvier, cheated the collector out of as much as $1bn on sales of 38 artworks, including the Leonardo. He said that he would guess that if the Codex were to go up for auction again, the auction estimate for the item might be $150 million. The paintings transferred to the dealers include a late, Alan Bond could not pay off the painting, and. Twenty-eight million dollars, then. But we ended up contacting others who we thought might know the work well, too. On July 12, 2011, $75M was equivalent to 53M. It's worth at least what Gates paid for it. At $28 million. CLIP OF BILL GATES: Taking Leonardo's notebook and translating them so everybody can understand the way that da Vinci thought a little better than before is very important. Therell never be another painting that I shall sell for more than this painting tonight.. He decided that the Codex's fair market value was $50 million. TINDERA: Okay, so to recap, when it sold in 1980, it was expected to sell for $10 million, but ended up going for half that. Its the last painting by Leonardo, the greatest of all Renaissance artists, and it had an appeal to collectors from all parts of the world., Every major scholar of Leonardos work accepts the picture and has for the past decade, he said, addressing questions over the paintings authenticity and condition, adding: Its not in flawless condition, its 500 years old and absolutely has the presence and condition of a true Leonardo.. Antique Heliogravure on wove paper after t.. 620: 1893 Leonardo da Vinci Bust of an Old Man in Roman Costume print signed Est: $ 500 - $ 700 View sold prices Feb. 05, 2023 KCM Galleries Cape Coral, FL, US (According to contemporary sources, Leonardo was commissioned to create three more pictures, but these works have since disappeared or were never done.) Most experts today agree the painting was probably produced by assistants in Leonardo's workshop, where he added some finishing touches a common practice. The Christie's sale itself was a highly staged drama, beginning with a marketing video that showed not the painting but the faces of observers most are ordinary people but one of them is Leonardo DiCaprio looking reverently at the image as if they were seeing Christ himself. Hammer somehow convinced the courts he was increasing shareholder value. I'll give everyone time. TINDERA: So keeping all of those things in mind and knowing what he does about the Codex today. This possibly-Leonardo treasure's route to fame began when it surfaced at an obscure New Orleans auction house in 2005 and was bought by two New York dealers for a measly $1,175. During this first Milanese period he also made one of his most famous works, the monumental wall painting Last Supper (149598) in the refectory of the monastery of Santa Maria delle Grazie (for more analysis of this work, see below Last Supper). The image of Christ as The Saviour of the World was billed as The Last da Vinci at Christie's 2017 auction, where it sold for a record $450 million (342 million) to a proxy for bin Salman (yes, that bin Salman, whom the CIA found responsible for ordering the murder of the journalist Jamal Khashoggi). TINDERA: Robert pointed out one other unique distinction. $50 million through Sothebys in 1997. He currently resides in Vinci, Italy. [6] Another example is a 2019 sale of The Seated Zouave by Vincent van Gogh. [5], The list is incomplete with respect to sales between private parties, as these are not always reported and, even if they are, details like the purchase price may remain secret. Christie's billed the painting as an original work by Leonardo da Vinci himself. As a master artist, Leonardo maintained an extensive workshop in Milan, employing apprentices and students. We asked Robert, if the Codex if it went up for sale again, could it compete with the Mundi's price? The only non-Western modern artwork listed is that of the Chinese-French painter Zao Wouki's oil painting Juin-Octobre 1985, which was sold for $65 million in 2018. A major turning point came when the painting was controversially displayed as an authentic Leonardo at a 2011 exhibition at the National Gallery in London. He used his superb intellect, unusual powers of observation, and mastery of the art of drawing to study nature itself, a line of inquiry that allowed his dual pursuits of art and science to flourish. At one point, Pylkknen remarked: Historic moment, well wait as the the bidding went back and forth, pausing at just over $200m as it rose to break the auction record. The Virgin and Child with St Anne by Leonardo da Vinci. People who often would never get a chance to visit the great museums of the world. So that was kind of the basic first principle. TINDERA: Simon shared with us his own process for how he estimated the fair market value in the appraisal he put together nearly 30 years ago. And then there's also rarity, or how rare this exact copy or version of a book or manuscript is. Last Supper, Italian Cenacolo, one of the most famous artworks in the world, painted by Leonardo da Vinci probably between 1495 and 1498 for the Dominican monastery Santa Maria delle Grazie in Milan. ", https://www.telegraph.co.uk/luxury/art/art-sales-russian-buyers-inject-confidence-into-old-master-marke/, Picasso piece sets record for art sold at auction, qatar may have purchased Warhol's 'Eight Elvises', "Nahmads confirm Picasso's $115m flower girl will go to Paris", "Rockefeller Picasso sells for $115 million including feesauthor=Robert Frank", "DIC Sells 'Anna's Light' Painting For Y10.3bn Gain", "Regarding extraordinary profit associated with the sale of a certain painting owned by the company and revision of its consolidated operating result forecast", "How Basquiat Became the $60 Million Man", "A Basquiat Sells for 'Mind-Blowing' $110.5 Million at Auction", A Monet Sells for $110.7 Million, an Auction High for an Impressionist Work, "Qatar bought Ford House's $100-million Cezanne", "$100M for Czanne painting? Previewing the lot last month, Christies described the painting of Christ holding a crystal orb in his left hand and raising his right in benediction as the biggest discovery of the 21st century. See a gallery of the world's most expensive paintings, Leonardo da Vincis Salvator Mundi sold for $400 million at Christies ($450.3m, including auction house premium), One of four versions of The Scream created by Munch and the only one that is privately owned. Then we look at the condition, and we base the condition on what's in our hands, and how you look at a book thats 150, 170 years old. Mona Lisa. Moreover, he was no doubt enticed by Duke Ludovico Sforzas brilliant court and the meaningful projects awaiting him there. Well, as we mentioned, the most expensive painting ever sold at auction was the Salvator Mundi for $450 million. - The world's greatest art detective, - The men who Leonardo da Vinci loved, - The detail that unlocks the Mona Lisa. But one key difference between my version and the one Bill Gates owns is that while my version is bound in the middle, like any typical hardcover book, every page of the original Codex Leicester is held in glass to make it easier to view all the pages. That boosted this forgotten painting into the limelight and kickstarted the. This means the Codex is certainly one of the world's most valuable pieces of art. The sale of Salvator Mundi, which was painted around 1500 and presumed lost until early this century, was Rybolovlevs largest to date. This episode was reported by Michela Tindera, produced by Michela Tindera and Jonathan Palmer, with additional research by Sue Radlauer. SIMON: These went into the mix. To him, it was just his collection of scientific observations and illustrations and writings, mostly focused on the study of water. PETERSON-WITHORN: And the fifth was a drawing by Michelangelo called The Holy Family with the Infant St. John the Baptist, which also sold to the Getty Museum in 1993, for $6.3 million. So, in discussing what the Codex might be worth today, Robert Simon brought up a recent sale of a da Vinci, which was of a teeny, tiny three-inch by three-inch drawing of a bear's head, which sold in July of this year for $12 million.
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