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This is a list of the highest known prices paid for paintings. The earliest sale on the list (Vase with Fifteen Sunflowers by Vincent van Gogh) is from 1987, and more than tripled the previous record price, set only two years before, introducing a new era in top picture prices. The sale was also significant in that for the first time a "modern" painting (in this case from 1888) became the record holder, as opposed to the old master paintings which had always previously held it. Since that time sales of the most valuable paintings have usually been made at auctions, though that had by no means always been the case before, and the list below still shows some "private sales", including the three most expensive. The current record price was paid for a work from No. 5, 1948 by Jackson Pollock sold at US$140 million in 2006, (approx. $150.6 million in CPI-adjusted 2010 US dollars).

Source:http://en.wikipedia.org/wiki/List_of_most_expensive_paintings