Art: High Hollandaise

With more and more people clamoring for an ever-dwindling number of blue-chip pictures, the art market still soared. Sotheby's, the London auction house, last week registered a new high for a Picasso by knocking down his pretty nude, entitled La Belle Hollandaise, to the Queensland Art Gallery of Brisbane, Australia for $154,000. Back in 1905, Picasso painted the picture on a trip to Holland, apparently gave it to a traveling companion in payment for his half of a hotel bill.

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