Tuesday, May 12, 2015

Picasso's Women of Algiers smashes auction record - BBC News

Eleven minutes of prolonged bidding from telephone buyers preceded the final sale - for much more than its pre-sale estimate of $140m.

The final price of $179.3m (£115m) includes commission of just over 12%.
The sale also featured Alberto Giacometti's life-size sculpture Pointing Man, which set its own record.

It is now the most expensive sculpture sold at auction, after going for $141.3m (£90.6m). Both buyers chose to remain anonymous.

Read more... http://www.bbc.com/news/entertainment-arts-32700575

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