We’re all huge fans of Picasso – love his work, would never deny his value! But even we were a little astounded at the new world record his artwork “Women of Algiers (Version O)” broke. Last night, it sold at auction – and the price tag definitely wasn’t pocket change.
The painting, now valued as the most expensive artwork to ever sell at auction, sold for $179.4 million. Uhhhhh. The previous title holder was Francis Bacon’s “Three Studies of Lucian Freud”.
We’re happy that the world still places so much value on art (kind of crazy value sometimes, right), and it seems to only be whirling into the stratosphere of the craziest prices you can imagine… But it’s also had us talking in the Studio about what kind of price you can put on art?
It’s a pretty big question, but what do you think? Can you ever put a price on art? And what artwork do you think is the most valued (or should be) in the world?
Photo: Wall Street Journal