Picasso sets all-time auction record as Giacometti reaches new high for sculpture

A new high for any work of art sold at auction came at Christie’s New York last night as Pablo Picasso’s ‘Les femmes d’Alger (Version ‘O’)’ sold at $160m (£108.1m).

It overshot the previous record of $127m (£83m) set in the same rooms in November 2013 for Francis B…

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