Message #144

Name:	jon
Date:	Thursday May 13, 2004 9:36:09 pm MDT
Subject:	High priced art sales.
Message:	Pablo Picasso's 1905 painting Garcon à la Pipe (Boy With A Pipe) has set an all-time record as the most expensive painting ever sold at auction. The painting, from Picasso's "Rose Period", fetched $93,000,000 at a New York City sale conducted by Sotheby's auction house on Wednesday. The final price, including the buyer's commission, will be about $104 million dollars. It's an important success for Sotheby's, who had allowed speculation about a record price for the work to get somewhat out of hand; I suspect they had knowledge of a couple of potential buyers eager enough to bid the price up into record territory.

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