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Why this Picasso sold for $180 million and what it tells us about the super rich

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Christie's sold a painting by Pablo Picasso Monday night for $179.4 million, far exceeding both the firm's expectations and the previous record for the most expensive work of art ever sold at auction. The 1955 painting, Women of Algiers (Version "O"), is just one of several prized pieces going on…

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Click here to read the full story: Washington Post

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