Picasso auction
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Women of Algiers by Picasso smashes auction record

Picasso's Women of Algiers has become the most expensive painting to sell at auction, going for $179.3m (£115m) at Christie's in New York.

The final price of $179,365,000 includes Christie's commission of just over 12%. The sale took place after 11 minutes of bidding from telephone buyers.

Andy Moore reports.

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