Picasso painting sets world record for art auction at $179M | Welcome to Linda Ikeji's Blog

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Tuesday 12 May 2015

Picasso painting sets world record for art auction at $179M

Women of Algiers by Pablo Picasso sold for $179.4 mil
A painting by Pablo Picasso set a world record for artwork at an auction in New York, selling for $179.4 million on Monday night, and a sculpture by Alberto Giacometti set a record for most expensive sculpture, at $141.3 million. The buyers elected to remain anonymous.
"Women of Algiers," once owned by the American collectors Victor and Sally Ganz, was inspired by Picasso's fascination with the 19th-century French artist Eugene Delacroix. It is part of a 15-work series Picasso created in 1954-55 designated with the letters A through O. It has appeared in several major museum retrospectives of the Spanish artist.
Pointing man by Alberto Giacometti sold for $141.3 mil

Alberto Giacometti's sculpture 'Pointing man" was Conceived in 1947, “L’Homme au Doigt” is a 5-foot-10-inch-tall, knobby stick figure. The work was estimated at $130 million by Christie’s in New York. The sale price includes commissions but it sold for $141.3million.

Picasso's "Women of Algiers (Version O)" and Giacometti's life-size "Pointing Man" were among dozens of masterpieces from the 20th century offered at the auction in a curated sale titled "Looking Forward to the Past."

The most expensive artwork sold at auction had been Francis Bacon's "Three Studies of Lucian Freud," which Christie's sold for $142.4 million in 2013.

Three studies of Lucian Freud by Francis Bacon sod for $142.4 mil in 2013

58 comments:

STERN said...

Oh yeah?

NaijaDeltaBabe said...

Nice

Fuck your opinion said...

Omg! Are you kidding me?

Unknown said...

I really don't understand dis art craze. Dave now Daniel Craig

royalty said...

I wan go art school.

Unknown said...

Hmm.

Dave Mide said...

Wow! Thats some money... only art collector would know the value but for me, i only see a 5 years old painting

Unknown said...

Impressive

Unknown said...

Wow. Great job

skenky2g1 said...

Whooping Amount

skenky2g1 said...

Whooping Amount

skenky2g1 said...

whooping amount

Bonita Bislam said...

I'm yet to see the beauty of that second sculpture

skenky2g1 said...

Expensive though

Anonymous said...

Too much money spent on vanity. Tim28.

Unknown said...

Well Picasso's paintings is the best there is out there aside the monalisa by d'angelo and last supper. it's only right that's it's sold for such an amount.. But wait o my question is $179 million dollars for a painting.. I can only buy that on contract servicing @ 100 naira a month OK bye.

#FOCUS n & #ACHIEVE

Joy C said...

The first painting is all about disrespecting women or what?

Unknown said...

Wow! Dis is record breaking, and great. Thumbs up for dis.

Unknown said...

Omo see as money dey walk around sha. Thats a master piece, if only u have eyes for great art works.

9ja Parrot said...

That Picasso too like boobs, ha ha wetin?!

Unknown said...

That's quite a lot of money though! I love the paintings of Picasso, it's beautiful!

Unknown said...

That's quite a lot of money though! I love the paintings of Picasso, it's beautiful!

Unknown said...

Dat drawing is epic

Unknown said...

Beauty of art works...

Manuel Kunmi said...

It beats my imagination how this piece of art go as expensive as that

Unknown said...

Hian! All that money for a single painting, odikwa egwu. Linda take note!

Unknown said...

Waste of good money

Unknown said...

Hmmm, wouldn't be surprised if the so called anonymous buyer was Jay Z. #PicassoBaby

ary said...

Wow, I have never understood why works of art are expensive, I mean it is just some fancy artist doodling on a canvass. I bet those classic artists would be astounded at the price the works fetch.

Unknown said...

what is so special about these painting and sculpture, Linda abeg tell me cos i dont know. I have a very good painting that is better make them come buy my own na.

Unknown said...

a.k.a EDWIN CHINEDU AZUBUKO said..
.
If na only me dey this world this painters for dey cy of hungry everyday i swear....
.
.
***CURRENTLY IN JUPITER***

Joshtech said...

For that pice of shit.

Anonymous said...

Why wont it sell this high? See nipples and breast everywhere. This must definitely be purchased by a man.With this @ home, he doesnt need all these Ashewo koboko!

dudette said...

That pointing man go move for night slap the owner!! #scarrysculpture#

Unknown said...

dats a lot of money 4 ART n smhhhhhhh

Unknown said...

Money

Bad_girl_riri 4 life said...

Millions 4 dese yamayama tin whr dey draw..oyinbo..chai

yawanow said...

Those who appreciate work of art.

Subomi said...

I get how art is cool and should be appreciated but 179m?!!!!!! mba, no way

Unknown said...

Nice piece.

Unknown said...

Congrats to the buyer

Unknown said...

Very ugly too
Mtchewwww

Unknown said...

Wow, nice piece good money

Unknown said...

Dis is epic world record breaking. Congrats.

Unknown said...

Art aint always about aesthetics

Unknown said...

Check out Damien Hirst's For The Love Of God
$50M

Unknown said...

Edvard Munch's The Scream sold for $119M and it aint as beautiful as le femmes d'algiers

Unknown said...

The Mona Lisa is insured for €447M
Doubt if they'll sell though

Jasmine Joseph said...

You can't go wrong with good art

Anonymous said...

Dats a huge amt of money.tough I love the paintings........sell your products for free,click here

Anonymous said...

All I see is nipples everywhere gosh! Mtsheew!

Anonymous said...

Whooping amount for jaga jaga ok

Anonymous said...

Nne ikpurisi!

Anonymous said...

It's all about nipples imagine what they pay huge amount for the second pic got me like #whatisthisagain

Anonymous said...

Exactly my thoughts

Anonymous said...

Like you even know anything about painting

Anonymous said...

Am sure you're just seeing that name for the first time

Anonymous said...

And that's how they will be letting bad spirits enter and rake their position

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