Picasso sells for $179.3m world auction record

Auctioneer Jussi Pylkkanen takes bids on Picasso masterpiece 'Les Femmes d'Alger (Version O)'

A Picasso masterpiece fetched $179.3 million in New York on Monday, smashing the record for most expensive art sold at auction.

The oil painting "The Women of Algiers (Version 0)" sold after more than 11 minutes of furious bidding from telephone buyers at a packed auction room at Christie's, fetching way over its pre-sale estimate of $140 million.