It did happen … a new record price for art at auction!

The Picasso painting “Nude, Green Leaves and Bust,” was sold at a new record price as the most expensive piece of art ever sold at an auction. The painting sold for $95 million, which actually came out to $106.5 million after buyer’s fees to the auction house.

Picasso painting sold at auction

The painting was sold by the estate of Frances Brody, an art collector whose family initially purchased the work from a New York City art gallery in 1951 for just under $20,000.  Who could have ever guessed that a $20,000 painting could sell for $95 million…?

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