All posts from Sonal
Sonal in Smart Investing & Retirement Plans,

This Picasso painting could set auction record!

A painting by Pablo Picasso" Les Femmes d'Alger" could set a new record for the most expensive art work ever sold at auction.

The masterwork, entitled "Les femmes d'Alger (Version "O")" goes under the hammer in May, according to auction house Christie's.

Christie's estimates it will sell for $140 million. However, Picasso's most famous paintings are in high demand and such auctions usually sell for a much higher price than the estimate.

Currently, the most expensive art work ever sold at auction is Francis Bacon's "Three Studies of Lucian Freud," which went for $142 million in 2013. That series of three portraits was expected to get just $85 million before it sold.

Picasso's "Les femmes d'Alger," ("The women of Algiers") was last sold at auction for $31.9 million in 1997.

Comments by the readers on CNN :

"If there are any traders out there trading the Forex I wanted to warn you don't waste your time I've been trying to make money with it for years! Go to the website Code Trading System and get into trading the futures instead it's much better now I'm making money trading and very happy."