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More Picasso-mania from Christie’s auction house in London on Wednesday. A drawing by the Spainsh artist sold for $1.58 million, which Christie’s believes is a record. William Hanham, spokesman for the auction house, said the Picasso went to a private buyer who wishes to remain anonymous. Titled “Still-life With Peaches and Playing Cards,” the drawing was done in Avignon, France, in 1914 when Picasso was experimenting with Cubism in more natural forms. The sale came two days after another Picasso work, “Acrobat and Young Harlequin,” was bought at Christie’s by Japan’s Mitsukoshi department store for $38.46 million, the highest price paid at auction for a 20th-Century work of art.
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