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    Nude painting sells for N56.7bn at New York auction

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    When it was first shown in 1917, Modigliani’s Nu couche (sur le cote gauche) was considered so offensive that police shut the exhibition down. .

    Just over a century later, the painting of the defiant nude woman has sold for $157.2m (N56.7bn)  at an auction in New York City. The figure paid for the work was $139m but the buyer’s premium brought the total price up to $157.2m. .

    The painting, which is Modigliani’s largest at 147cm wide, was the highlight of the auction of impressionist and modern art at Sotheby’s on Monday evening. .

    It had the highest pre-auction estimate – $150m. The previous owner, based in the US, had bought the Modigliani in 2003 for $26.9m.

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