The wooden sculpture "Madame L.R." signed by Constantin Brancusi, was sold on Monday evening for the record price of 29.2 million Euros, during an auction at Christie's. The previous maximum price for a Brancusi piece of art was 27.45 million dollars.

The "Madame L.R." sculpture was made by Brancusi between 1914 and 1917.

During the same auction, which lasted for three days, record prices were also established for works by Piet Mondrian and Marcel Duchamp, AFP informs.