A new world record was last night set for a photograph sold at auction when a picture by US photographer Edward Steichen sold for the equivalent of u00a31.68m - nearly three times its pre-sale estimate.rnA private collector bought the picture, called The Pond Moonlight, at Sothebyu2019s in New York.rnrnPicture credit: Sotheby's

A new world record was last night set for a photograph sold at auction when a picture by US photographer Edward Steichen sold for the equivalent of £1.68m – nearly three times its pre-sale estimate.

A private collector bought the picture, called The Pond Moonlight, at Sotheby?s in New York.

Picture credit: Sotheby’s