A painting by Pablo Picasso has sold for more than $100m - marking the fifth work by the Spanish artist to sell for a nine-figure sum. Woman Sitting Near a Window (Marie-Therese) sold for $103.4m (£73.5m) at Christie's auction house in New York.
That figure comprises $90m for the painting itself, with fees and commissions on top. The auction house had estimated the painting would sell for $55m.
The work, titled Femme Assise Pres d'Une Fenetre (Marie-Therese) in Spanish, was sold after 19 minutes of bidding. This auction marked the fifth work by Picasso to have sold for more than $100m.
The record for a Picasso is $179.4m (£127.6m), which was paid for his painting The Women of Algiers in 2015. The last painting to fetch more than $100m was Claude Monet's 1890 work Meules, which reached $110.7m in New York in 2019.
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