modern art
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Picasso painting sells for $179M; Giacometti sculpture $141M
Christie's Global President and auctioneer Jussi Pylkkanen takes bids on Pablo Picasso's Women of Algiers (Version O), which sold for nearly $179.4 million, making it set a world record for artwork at auction during a sale at Christie's Rockefeller Center in New York, Monday, May 11, 2015. Experts say high art prices are driven by artworks' investment value and by wealthy new and established collectors seeking out the very best works.
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