The auction house had estimated the 1955 cubist oil "Les femmes d'Alger (Version "O")" would sell for about $140 million, but several bidders competing via telephone drove the winning bid to $160 million, for a final price of $179,365,000 including Christie's commission of just over 12 percent.
Picasso painting smashes auction record selling for $179.4 mln in N.Y.
May 11 (Reuters) - A Picasso painting smashed the record for the most expensive artwork ever sold at auction on Monday when it soared to $179.4 million at Christie's.
Previously the most expensive work sold at auction was Francis Bacon's triptych "Three Studies of Lucian Freud," which sold for $142.4 million at Christie's in November 2013. (Reporting by Chris Michaud in New York; Editing by Lisa Shumaker)
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Cardiologist bags 4-year jail term over patient deaths
We must continue to support President Tinubu - Ododo tells Kogi residents
Tinubu appoints Zenith Bank founder Jim Ovia to chair student loan fund
Husband begs IGP to find his wife who went missing on official police duty
Ghanaian student sets world record for hugging over 1,000 trees in 1 hour
Lecturers need to undergo drug test to sanitise university system - Former VC
APC chieftains challenge EFCC to follow due process in Yahaya Bello's case
3 dead, 2 injured in 3-storey building collapse in Kano - NEMA confirms
Lagos NCS visits family of stampede victim, promises nonstop financial support
ADVERTISEMENT
![Russian Deputy Defence Minister, Timur Ivanov [PhotoNews Pakistan]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'300'%20height%3D'172'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Russian Deputy Defence Minister, Timur Ivanov [PhotoNews Pakistan]")