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Picasso painting smashes auction record

Les femmes d’Alger sells for $179m to telephone buyer in eleven and a half tense minutes of bidding

Picasso painting smashes auction

A painting by Pablo Picasso has set a world record for art sold at auction. Picasso’s “Women of Algiers (Version O)” sold for $179 million on Monday night at Christie’s auction house in New York City. The price includes the buyer’s premium. The vibrant, multi-hued painting features a scantily attired female amid smaller nudes. Francis Bacon’s “Three Studies of Lucian Freud” previously held the record when it sold for $142.4 million in 2013. The Picasso painting was among two dozen masterpieces from the 20th century Christie’s offered in a curated sale titled “Looking Forward to the Past.”

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