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Art has attracted the attention of collectors as auction houses celebrate record-breaking sales. Andy Warhol’s portrait of Marilyn Monroe, Shot Sage Blue Marilyn, sold for $195m at Christie’s in New York. The 1964 painting became the second most expensive piece of artwork ever sold at auction. That same year, in 2022, Christie’s, Sotheby’s and Phillips sold a total of £14.3 billion worth of art and other collectables.
NEW YORK, Nov 8 (Reuters) – Pablo Picasso’s 1932 painting “Femme à la montre” sold for more than $139 million on Wednesday at a Sotheby’s New York auction, making it the most valuable work of art sold globally at an auction this year. Sales were driven by ultra-wealthy collectors spending on museum-quality works of art and blue-chip masterpieces,2 while deaths or divorces of art-collecting billionaires also fuelled record revenues
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