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A year of highs and corrections in the art market

Published Mon, Jan 4, 2016 · 09:50 PM

London

LOOKING back at the headlines, 2015 was a momentous year for the art market.

In May, Picasso's 1955 painting Les Femmes d'Alger (Version 'O') sold at Christie's in New York to an as-yet-unidentified telephone bidder for US$179.4 million, a high for any artwork at auction.

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