A sale of Impressionist and 20th century art in New York has made more than $491m (£255m), breaking the record for an art auction.
The painting was returned to the family of the model this year
A 1912 portrait, Adele Bloch-Bauer II, by the Austrian artist Gustav Klimt fetched almost $88m (£45m).
The painting was one of five Klimt works looted by the Nazis and returned to their owners earlier this year.
A Picasso, due to be sold by Andrew Lloyd Webber, was withdrawn at the last minute after disputes over ownership.
Christopher Burge, chief auctioneer at Christie's, underlined the scale of the sale's success.
"I've never seen anything like it," he said. "It was the most extraordinary auction I've been involved in."
Paul Gauguin's Man with an Axe fetched $40.3m (£21m) - a record for the French master, while a work by Austrian expressionist Egon Schiele went for $22.4m (£11.6m).
But it was four works by Klimt that dominated the sale, doubling their estimates by fetching a total of $192m (£99.8m).
Lord Lloyd Webber bought the painting for £18m in 1995
In addition to the Bloch-Bauer portrait, Birch Forest went for $40.3m (£21m), Houses at Unterach on the Attersee fetched nearly $31.4m (£16.3m) and Apple Tree I sold for $33m (£17.2m).
All four works were returned to Maria Altmann, the Los Angeles-based niece of Adele and Ferdinand Bloch-Bauer, earlier this year following a protracted legal dispute.
In June New York's Neue Galerie is reported to have paid $135m for the fifth looted Klimt portrait, Adele Bloch-Bauer I.
The withdrawn 1903 Picasso, Portrait of Angel Fernandez de Soto, has been owned by the Andrew Lloyd Webber Art Foundation since 1995.
But German Julius Schoeps has alleged one of his ancestors, Berlin banker Paul von Mendelssohn-Bartholdy, was forced to sell the work at well below its true value under Nazi oppression in 1934.
A New York judge dismissed Schoeps' court challenge on Tuesday, but Christie's said further legal manoeuvres had forced it to withdraw the portrait from the sale.