[QODLink]
Archive
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
Topics in this article
People
Country
Featured on Al Jazeera
More than one-quarter of Gaza's population has been displaced, causing a humanitarian crisis.
Ministers and MPs caught on camera sleeping through important speeches have sparked criticism that they are not working.
Muslim charities claim discrimination after major UK banks began closing their accounts.
Italy struggles to deal with growing flood of migrants willing to risk their lives to reach the nearest European shores.
Featured
Thousands of Houthi supporters have called for the fall of Yemen's government. But what do the Houthis really want?
New ration reductions and movement restrictions have refugees from Myanmar anxious about their future in Thailand.
US lawyers say poor translations of election materials disenfranchise Native voters.
US drones in Pakistan have killed thousands since 2004. How have leaders defended or decried these deadly planes?
Residents count the cost of violence after black American teenager shot dead by white Missouri police officer.
join our mailing list