Abstract painting fetches record amount at Czech auction

A painting by Czech artist Frantisek Kupka has been sold at auction for 22.1 million CZK (1.1 million USD), becoming the most expensive work of art ever to be sold at a Czech auction. The painting, called Elevation IV, was created in 1938 and has been described as 'abstraction at its purest'. Previously, the most expensive painting to be sold at a Czech auction had been another work by Mr. Kupka, which fetched 13.4 million CZK in May this year.