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Modigliani painting fetches £113 million in New York auction

November 10, 2015 09:41
'Reclining Nude' by Modigliani has been sold for the second-highest price at auction for any artwork

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A painting by Jewish artist Amedeo Modigliani has sold for $170.4 million (£113 million), the second-highest price at auction for any artwork.

Reclining Nude was sold by Christies in New York on Monday night to an unnamed Chinese collector thought to be billionaire investor Liu Yiqian.

Pablo Picasso’s painting Women of Algiers (Version O) holds the record for the highest sum ever paid for an artwork at auction. It sold for $179.4m at Christie’s in May.

The previous record sum for a Modigliani was $71m.