May 2015 saw a new record established for the most expensive work of art ever sold at auction. A Picasso oil painting completed in 1955 sold at Christie’s for $179.4 million (including the auction house fees). It had been estimated that “Les Femmes d’Alger (version”o”)” would achieve a sale price of around $140 million but several bidders competed against each other and drove the final price up to a record level. The winning bidder has not been identified. Continue reading The Most Expensive Work of Art Ever Sold →