A Picasso has just been bought for a record US$179m, but is it worth it?

The record-breaking sum paid at auction for Picasso’s Women of Algiers might have been better spent – but don’t expect such sales to stop anytime soonThe overnight record-breaking sale of Pablo Picasso’s Women of Algiers (Version O, 1954-55) for US$179m at Christie’s in New York should come as no surprise. In the rarified air at the top end of the art market, where billionaires and oligarchs put down a hundred million plus change for a trophy piece, numbers become meaningless.Related: