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Picasso Painting Sells for Over $106 Million --Highest Sold Art at Auction

Arts & Culture: An anonymous bidder made Pablo Picasso's Nude, Green Leaves and Bust the most expensive painting ever sold at auction. The seldom seen 1932 painting, which was part of a 27-lot collection owned by Mrs. Sidney F. Brody, sold for $104,482, 500 at an auction at Christie's in NYC. The full price includes the buyer's premium.

The painting supplants Albert Giacometti's L'homme qui marche I, a bronze statue circa 1960, that was auctioned at Sotheby's London in February 2009 for $104,327,006. The entire collection of Mrs. Sidney F. Brody sold for $224,177,500. The bidding opened at $58 million.

Prior to this auction, Picasso's Garcon a la pipe was the artist's highest priced painting of his sold at auction. It sold for $104,168,000 at Sotheby's New York in May 2004.

Source: www.christies.com; ArtInfo

James Rothaar

James has written content for Justluxe.com and other leading online luxury lifestyle magazines. Rothaar previously served as the senior-tenured staff writer for JustLuxe, having worked with the digital magazine since 2005. He resides in Jacksonville, Florida, and works as an independent marketing consultant and freelance writer and copywriter. He is the co-owner of Wild Owl Digital, a boutique mar...(Read More)

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