A painting by Amedeo Modigliani fetched $170.4 million at an auction Monday, setting a world record for the artist and achieving the second highest price ever garnered for a work of art at auction.
"Reclining Nude" was sold at Christie's in Manhattan after a protracted bidding battle to a buyer who wished to remain anonymous, according to the auction house.
Considered one of his best known works, the 1917-1918 painting nearly created a scandal when it was first exhibited in Paris. It depicts an unknown nude model reclining on a crimson couch and blue cushion.
The previous auction record for a Modigliani was $71 million.
Pablo Picasso's painting "Women of Algiers (Version O)" set the record for the highest sum ever paid for an artwork at auction. It sold for $179.4 million at Christie's in May.
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