A portrait of Pablo Picasso’s “golden muse” and secret lover has sold for $139.4m (£114m) at auction in New York, making it the second most valuable work by the 20th-century artist.
Femme à la montre, painted in 1932, was described by Sotheby’s as the “prized jewel” of about 120 artworks owned by Emily Fisher Landau, one of the greatest art collectors of the 20th century, that were sold on Wednesday evening.