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Pablo Picasso breaks auction record
Pablo Picasso's Garcon a la Pipe has sold for $104 million, becoming the world's most expensive painting.
Last Modified: 06 May 2004 19:21 GMT
Picasso painted four of the ten most expensive pictures
Pablo Picasso's Garcon a la Pipe has sold for $104 million, becoming the world's most expensive painting.

An anonymous bidder bought the picture at Sotheby's in New York on Wednesday.

 

Picasso was only 24-years-old when he depicted a young Parisian boy holding a pipe

 

It was sold by the family of a former US diplomat who bought the painting in 1950 for $30,000.

 

The final bid smashed the previous record for most expensive painting set in 1990, a mere $82.5 million for a Vincent Van Gogh.

 

The price fetched included commission, the hammer price was $93 million.

 

Shortly afterwards, Manet's Courses au Bois de Boulogne, an 1872 composition showing fashionable spectators watching a

horse race, sold for $26.3 million.

 

Picasso now has four of the top 10 most expensive paintings sold at auction, ahead of Van Gogh with three.

Source:
Reuters
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