Bloomberg Paintings by Pablo Picasso and Amedeo Modigliani gave the auction market a much-needed boost on Tuesday when they fetched the highest prices for Sotheby’s in London since 2010. Picasso’s 1909 Cubist painting “Femme Assise†sold for £43.3 million ($63.5 million), surpassing the estimated target of £30 million. Moments later, Modigliani’s “ Jeanne Hebuterne (au Foulard)†took £38.5 million, ...
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