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Pablo Picasso.
Boy with a Pipe (Garçon à la pipe).
1905.
Oil on canvas, 100 × 81.3 cm.
Private collection.
     In 1905, at the age of 24, Pablo Picasso painted "Boy with a Pipe" soon after settling in Montmartre, France. It is an oil-on-canvas painting. A masterpiece from Picasso's Blue period artwork, which depicts a local boy, who regularly visited Picasso's Montmartre studio, holding a pipe in his left hand and wearing a garland of flowers. John Hay and Betsey Whitney bought the painting in 1950 for $30,000.

     It was sold on May 5th, 2004, for $104,168,000 at Sotheby's, shattering the record for an auctioned painting (as of 2004). The total includes the auction price of $93 million plus the auction house's commission of about $11 million. The previous record was set by Vincent van Gogh's 1890 "Portrait of Dr. Gachet", which was sold to a Japanese billionaire for $82.5 million in 1990.

     Sotheby's co-Chairman of Impressionism and Modern Art Worldwide refused to divulge the merest hint of the anonymous winner's identity or nationality. As if anyone would want to advertise that they had the world's most expensive painting hanging up in their... castle? Chateau? Villa? Underground bunker?
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