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Alan Peppard:
Nasher's Picasso brings $17.4 million at auction

09:19 AM CDT on Thursday, May 8, 2008

The power of Pablo Picasso's brush and the prescience of Patsy and Raymond Nasher's collectors' eyes proved to be a record-setting combination Wednesday evening at Sotheby's auction house in New York.

Pablo Picasso's The Kiss, an oil on canvas painted the day before the artist's 88th birthday, brought a record price Wednesday. Two late Picasso paintings and two Alberto Giacometti sculptures were sold at the impressionist/modern and contemporary art sale to benefit the endowment of the Nasher Sculpture Center.

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