A Picasso Sold At $106.5 Million

Pablo Picasso - Nude, Green Leaves and Bust, 1932
Estate of Pablo Picasso/Artists Rights Society, New York, via Christie's
http://www.nytimes.com/imagepages/2010/05/05/arts/design/05auction_2.html

It was created in one day, in March 1932: the reclining nude is Marie-Thérèse Walter, the artist's mistress and model between 1927 and 1935 (when Dora Maar would come into picture).

The canvas was sold for $106.5 Million. It happened on Tuesday night and it sets a new auction record. You should read the details of the bid in today's NY Times.

(Avangarda 20)