The big spring auctions are still more than six weeks away, but there are already signals that they could continue to fuel the art market's dizzying climb.
Among the new records that could be set is that of the most expensive painting ever sold at auction.
Christie's said Wednesday that Pablo Picasso's 1950s masterpiece "Les femmes d'Alger (Version 'O')" will be up for bid at a special sale on May 11. The painting could fetch more than $140 million, possibly topping the record $142 million sale of a Francis Bacon triptych that was sold by Christie's in 2013. (While the Bacon triptych, "Three Studies of Lucian Freud," is the most expensive artwork ever sold at auction, other works have sold for more in private sales).