Picasso oil painting sells for over US$100mil at New York auction

In this photo taken on April 22, 2021 gallery workers display an artwork titled 'Femme assise près d'une fenêtre (Marie-Thérèse)' by Spanish painter Pablo Picasso during a photocall at Christie’s auction house in central London. - Pablo Picasso's "Woman sitting by a window (Marie-Therese)" sold Thursday for $103.4 million at Christie's in New York, the auction house said. - AFP

NEW YORK: An oil painting by Pablo Picasso sold for US$103.4 million at a Christie's auction in New York, smashing its presale estimate of $55 million.

The portrait of Picasso's French lover Marie-Therese,"Femme assise près d'une fenêtre (Marie-Thérèse)", or 'Woman sitting near a window, ' led the '20th Century Evening Sale' on Thursday.