Christie's Hong Kong auction house has announced that an engraving by the Spanish master Picasso, entitled the Frugal Meal, sold at auction for a record 1,200,000 USD.
The 1904 etching representing a destitute couple, is an important work from Picasso's "blue period".
According to Christie's Hong Kong, it is so far the highest-priced engraving in history.
German art dealer Heinz Berggruen, a 90-year-old patron of the arts and a personal friend of Picasso, acquired the work.
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