Frida Kahlo self-portrait sells for $54.7 million, setting new record for female artists

A self-portrait by Mexican artist Frida Kahlo has become the most valuable work by a female artist sold at auction after selling for $54.7 million.

“El sueño (La cama)” – “The Dream (The Bed)” – grabbed the title at Sotheby’s in New York, after it surpassed the existing record held by the late American artist Georgia O’Keeffe. Her “Jimson Weed/White Flower No.1,” which had previously hung in the White House, sold for $44.4 million in 2014.