Picasso painting sets world record price

PICASSO-FEMMES-DALGER-©-2015-Estate-of-Pablo-Picasso-Artists-Rights-Society-ARS-New-York


Last night, Pablo Picasso's "The Women of Algiers (Version 'O')" sold at Christie's for $179.3 million, the highest price for any artwork sold at auction.

The seller had paid $31.9 million for the painting in a 1997 auction. From ARTnews:

Bidders fought for the work via telephone, with no competitors in the room. "Still many people in the game," Jussi Pylkkanen, the auctioneer, declared when bidding reached $140 million. The battle eventually narrowed to just Loic Gouzer and Brett Gorvy, each with a phone to his ear.


(ARTnews)