Picasso’s Women of
Algiers has become the most expensive painting to sell at auction, which went
for $179.3m (£115m) at Christie’s in New York. It was auctioned yesterday and
it was believed to be sold at $140m but was eventually sold for $179.3m has
potential buyers increased.
Algiers has become the most expensive painting to sell at auction, which went
for $179.3m (£115m) at Christie’s in New York. It was auctioned yesterday and
it was believed to be sold at $140m but was eventually sold for $179.3m has
potential buyers increased.
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.
$142.4m, for British painter Francis Bacon’s Three Studies of Lucian Freud. That
sold at Christie’s in 2013.
Experts believe the investment value of art is behind the
high prices.
high prices.
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