Picasso’s Women of Algiers smashes auction record
12 May 2015
From the section Entertainment & Arts
Picasso’s Women of Algiers has become the most expensive painting to sell at auction, going for $179.3m (£115m) at Christie’s in New York.
Eleven minutes of prolonged bidding from telephone buyers preceded the final sale – for much more than its pre-sale estimate of $140m.
The previous world record for a painting sold at auction was $142.4m, for British painter Francis Bacon’s Three Studies of Lucian Freud.
That sold at Christie’s in 2013.
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Source:: BBC Entertainment