Most expensive painting of all time

Last year the record was broken on the most expensive painting of all time. Until then the most expensive painting had been Vincent Van Gogh's "Dr. Gachet" that had been sold at a modest $82.5 million to a Japanese buisinessman named Ryoei Saito, who unfortunately died six years after his purchase. In an auction conducted in New York on May 6, 2004, the title was given to Pablo Picasso's Garçon á la Pipe (Young man with a pipe) sold for $104 Million (to an anonymous bidder).

This piece of art is said to be one of Picasso's best masterpieces since it is "regarded as one of the most stunning depictions of adolescent beauty". It was painted by the artist in 1904 when he was just 24 years old.

The painting was part of a private collection of 44 paintings worth over $150 Million that was left to the Greentree Foundation, a charitable trust established to further international relations and protect human rights. The foundation was created by the widow after her husband of 40 years passed away. I think it was a nice story and must be a nice painting. Only wish I could see it in person.