FIRST AIRED: May 23, 2017

Nice work! Enjoy the show!

×

You’re busy. We get it.

Stay on top of the news with our Editor’s Picks newsletter.

US Edition
Intl. Edition
Unsubscribe at any time. One click, it’s gone.

Thanks for signing up!

We've got more news

Get our editor’s daily email summary of what’s going on in the world.

US Edition
Intl. Edition
Replay Program
0:00
0:00
More Info

COMING UP:Share Opener Variant 3

×

Transcript

00:00:00
i christie's one hundred sixty million dollars brett , it's also it's the most expensive artwork ever sold pablo picasso's nineteen fifty five cubist oil painting left m. dell's j. or women of algiers version o. went for one hundred and seventy nine point four million dollars at christy's new york sales room on monday shattering the record for the most money ever spent on art work at auction sixty minute it is , a masterpiece by the artist it's a benchmark for it is , for the artist , it is , you know , you can put it alongside the , best work from at least in the second part of his career bidding for the picasso started at a hundred million dollars in the price was driven up steadily in one million dollar increments the auction house and estimated the painting would sell for about a hundred and forty million but several bidders competing over the phone push the winning bid to a hundred and sixty , bringing the final price to the record one hundred seventy nine point four million when you include christie's commission of just over twelve percent , as for the buyer he or she was not identified , the last most expensive work sold at auction was francis bacon's triptych three studies of lucien freud was sold for one hundred forty two point four million dollars at christy's in november two thousand thirteen