A 450-year-old Madonna and Child work by Titian has sold for $16.9m (£10.7m) in New York, setting a new auction record for the Renaissance master. A Sacra Conversazione: The Madonna and Child with Saints Luke and Catherine of Alexandria was sold at Sotheby's to a European telephone bidder. It beat the previous Titian auction record of £7.5m ($11.9m) paid at Christie's in London in December 1991. That was the price achieved for the artist's Venus and Adonis painting.
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