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Mondrian Painting Sells for $51m at Auction

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A 1930s painting by Piet Mondrian has sold for $51m in a New York auction, a record for the artist’s work.

The piece was last sold in 1983 for $2.15m, which is equivalent to $6.4m in today’s money.

The head of impressionist and modern art where the painting was auctioned, described the purchase as a once in a generation occurrence.

Written by: Helen Obih

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