Gauguin Painting Sold for $300 Million

An 1892 oil painting by French artist Paul Gauguin painting has reportedly sold for $300 million, according to art world insiders with knowledge of the sale. Rudolf Staechelin, 62, a Swiss collector who formerly worked at Sotheby's, confirmed the sale of “Nafea Faa Ipoipo (When Will You Marry?)” from his private collection. However, he would not confirm the amount or to whom it was being sold. However, sources told the New York Times that the Gauguin painting was bought by the Qatar Museums Authority.