This is the collection of most expensive painting or the highest known prices ever paid for painting. The earliest sale on the list (Vase with Fifteen Sunflowers by Vincent van Gogh) is from 1987, and more than trebled the previous record price, set only two years before, introducing a new era in top picture prices. The sale was also significant in that for the first time a "modern" painting (in this case from 1888) became the record holder, as opposed to the old master painting which had always previously held it. Since at that time sales of the most valuable painting have usually been made at the auctions, though that had by no means been the case before, and the list below still shows some "private sales", including the three most expensive. The current record price was paid for a work from 1948 by Jackson Pollock, and there are only three old master painting in the collection below. The world's most famous painting, especially old master works done before 1800, are generally owned by museums, which very rarely sell them, and as such, they are quite literally priceless. Guinness World Records lists the Mona Lisa as having the highest insurance value for a painting in history. It was assessed at US$100 million on December 14, 1962, before the painting toured the United States for several months. However, the Louvre chose to spend the money that would have been spent on the insurance premium on security instead. Taking inflation into account, the 1962 value would be approximately US$670 million in 2006.
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