Raphael’s chalk drawing, titled “Head of a Young Apostle”, was sold at a Sotheby’s auction house in London for $47.8 million. The sale set a new record at auction for the artist.

“The chalk drawing, dating from the early 16th century, is believed to have been an early study for Raphael’s masterpiece “Transfiguration,” which is located at the The Vatican.” (via the LA Times)

To visit the Sotheby’s article and view more information on the sale click here.

Click here to visit the article via the LA Times.