Picasso Does it Again at Auction

Pablo Picasso's mistress sold for just more than $95 million last night. Well, not the mistress — she's dead — but rather her portrait. Dora Maar With Cat was auctioned off at Sotheby's in New York — kick-starting the spring auction season. The hefty sales price is the second highest on record for a painting sold at auction. The highest was $104 million, paid for another Picasso: Boy With a Pipe.

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RENEE MONTAGNE, host:

Good morning. I'm Renee Montagne.

Pablo Picasso's mistress sold for just over $95 million last night. Well, not the mistress--she's passed on--but rather her portrait. Dora Maar With Cat was auctioned off at Sotheby's in New York--kick starting the spring auction season. The hefty sales price is the second highest on record for a painting sold at auction. The highest? One hundred four million dollars, paid for another Picasso: Boy With a Pipe.

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