Pounds 58m Picasso Smashes World Auction Record

Birmingham PostMay 07, 2004

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Summary


A painting by Pablo Picasso has sold for a record-shattering pounds 58 million at auction.

The price, fetched during a sale at Sotheby's in New York, eclipsed the previous world auction record set by Vincent Van Gogh's Portrait of Dr Gachet, which went for pounds 46.1 million 14 years ago.

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Extract


Pounds 58m Picasso Smashes World Auction Record

The Picasso work, Boy with a Pipe, was sold as part of ...

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