To a medley of whoops, hollers and gasps on Monday night, Pablo Picasso’s 1955 painting “Les Femmes d’Alger (Version ‘O’)” sold for $179.4 million including fees at Christie’s “Looking Forward to the Past” sale of artworks spanning the 20th century. The price was the highest on record for a work of art sold at auction, the company said, and was well over its estimate of $140 million.
Once the bidding reached $120 million, the Picasso was pursued by five clients on telephones, often in agonizingly slow, $1 million increments, before finally being sold to a buyer represented by Brett Gorvy, Christie’s international head of contemporary art.
