The absence of any confirmed public exhibition plans continues to anchor strong trader consensus around an 87.5% implied probability for “No” on the Salvator Mundi appearing by December 31, 2026. Owned by Saudi Crown Prince Mohammed bin Salman since its record 2017 auction, the Leonardo-attributed work has remained in secure storage—most recently reported in a Geneva freeport—following the indefinite postponement of its Louvre Abu Dhabi loan and other proposed displays. Saudi cultural initiatives tied to Vision 2030 position the painting as a future centerpiece for new museums in Riyadh or Al-Ula, yet those construction timelines extend well beyond year-end with no verified loans, press releases, or institutional previews emerging. Historical patterns of secrecy around high-profile private holdings and the lack of precursor announcements reinforce the current market-implied odds, though any late official confirmation could still shift sentiment.