The Presidential Daily Brief


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    Modigliani Sells for $170.4 Million at Auction

    Let’s hear it for the ladies. The naked woman in Amedeo Modigliani’s Nu Couché has joined Picasso’s Les Femmes d’Alger in the record books, netting the second-highest price ever for an auctioned painting. Christie’s had a guaranteed price of $100 million on the Italian’s work, but nine minutes of bidding saw the 1918 masterpiece go to a winning phone bid from a Chinese collector for 70 million more. Monday’s lots raised nearly half of the $1 billion the famed auction house expects to sell in art this week.

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