Flag - Jasper Johns

Price in US $ - 110 million

Flag is an encaustic painting (also known as hot wax painting) by Jasper Johns. Created when Johns was 24 (1954–55), it is arguably the painting for which Johns is best known. His work is often described as Neo-Dadaist and anticipates aspects of pop art, minimal art, and conceptual art.

Critics were unsure whether it was a painted flag or a painting of a flag; Johns later said it was both. Such a painting is surely art - or is it? That is a problem for the viewer, alone. Johns is gone; he has already made the painting, he has already presented the problem. The viewer is left to resolve it as best he can.

Eagle Standing on Pine Tree - Qi Baishi

Price in US $ - 65.5 million

Qi Baishi was an influential Chinese painter who was most noted for the whimsical, often playful style of his watercolour works. "Eagle Standing on Pine Tree; Four-Character Couplet in Seal Script" - this painting of an eagle perched on the branch of a pine tree, surrounded by two calligraphy scrolls, measures 100 by 266 centimetres (three by 8.5 feet). The work was completed by Qi in 1946 and presented to General Chiang Kai-shek for his 60th birthday.

Femme Assise Dans un Jardin - Pablo Picasso

Price in US $ - 49.6 million 

Femme assise dans un jardin (Woman Sitting In A Garden) was painted by Pablo Picasso in a single day in 1938 on a canvas sized 131 X 97 cm. This arresting portrait of Dora Maar seated on a chair in a garden is a dense, complex and exuberantly colored image. It is one of the greatest and grandest depictions the artist made of his fascinating and remarkable mistress in the pre-war period. The painting reflects the challenging relationship which the artist had with his mistress who was a poet, painter, photographer and intellectual.