The Most Expensive Painting Ever Sold, by Picasso

Women of Algiers (Version O) by Picasso

Piccasso Art Becomes Most Expensive Painting Ever Sold At Auction

Picasso Painting Breaks Record for Most Expensive Artwork Sold — The art world achieved a new record on Monday night, as the painting Women of Algiers (Version O) by Pablo Picasso sold at Auction for $179 million at Christie’s in New York.

Most Expensive Painting Ever Sold At Auction Women of Algiers (Version O) by Picasso
Most Expensive Painting Ever Sold At Auction: Women of Algiers (Version O) by Picasso

While the auctioneers at Christie’s expected the piece to reach the $140 million mark, they were astounded when competing bids from several patrons drove the painting’s value past the previous world record holder, Francis Bacon‘s Three Studies of Lucien Freud, which had sold for $142.4 million in 2013.

Experts at Christie’s say that the world-record setting price was the result of the combination of renewed interest in Modernist works in recent years, as well as an influx of  bids by new, younger collectors. Professor Sarah Lichtman, of the Curatorial and Design History program at the New School, says that demand for Cubist and Impressionist work is at an all-time high because the pieces are “beautiful, accessible and a proven value”.

The painting itself is a true achievement in Cubist portraiture. It features the figure of a woman sitting, eyes gazing at the viewer with breasts exposed, in the foreground, with another, more abstracted reclining nude to her right. In the background, several more prismatic nudes can be seen, their abstraction highlighted by their refracted reflections in  what appears to be a mirror or doorway. Stripes in red, ochre, and earthy greens vibrate across the angled dimensions of the room, furthering the sense of rhythm in the painting.

Picasso’s work, Women of Algiers (Version O) was already a breathtaking masterpiece; its ample beauty can now be said to match its extraordinary price tag.

Below is a selection of Picasso rugs available at Nazmiyal. To View our entire collection of rugs by Pablo Picasso, click here Picasso Rug Collection.

Vintage Pablo Picasso Rug 46686
Vintage Pablo Picasso Rug 46686
Vintage Pablo Picasso Tapestry Rug 46872
Vintage Pablo Picasso Tapestry Rug 46872
Vintage Pablo Picasso Rug 46687
Vintage Pablo Picasso Rug 46687