Reuters reports that Picasso's "Nude, Green Leaves and Bust" painting sold for over $106.5 million at auction. The price set a record for art sold at an auction. The 1932 work had not been seen publicly in over 50 years.
The vibrant, large-scale depiction of Picasso's mistress and frequent subject, Marie-Therese Walter, was the top priced work at Christie's sale of Impressionist and modern art.
The sale netted $335.5 million for the auction house.
"Obviously we're thrilled" with the final price of $106,482,500 including commission for the Picasso, auctioneer Christopher Burge said afterward. He added that there was "incredible bidding" across the range of 69 works on offer, of which more than 80 percent found buyers.
The painting was expected to sell for around $80 million. It was purchased by an anonymous buyer. Take a look:
