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Picasso painting sells for $67.5 million at New York auction

NEW YORK – The 1932 painting ‘Femme nue couchée’ by Pablo Picasso fetched $67.5 million in its auction debut at Sotheby’s in New York on Tuesday, making it the latest major sale at a Blue chip art auction. Sotheby’s had predicted that the Picasso painting, a surrealist depiction of his muse Marie-Thérèse Walter, would sell for over $60 million.

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