Picasso?s Works Auctioned for Almost US$110 Million
After being displayed for 20 years in a Las Vegas hotel, 11 Picasso paintings have been auctioned for nearly US$110 million.
The post Picasso’s Works Auctioned for Almost US$110 Million appeared first on LUXUO.
Image: Sotheby’s
Eleven Pablo Picasso artworks have been auctioned for a total of nearly US$110 million after being on display for more than two decades in a Las Vegas hotel.
The pieces were owned by MGM Resorts and were featured in the Bellagio Hotel?s Michelin-starred French and Spanish eatery, Picasso. The restaurant is inspired by the artist?s life and work.
Coinciding with Picasso?s 140th birthday, it was organised by Sotheby?s. It is its first evening marquee sale to take place outside of New York.
READ MORE: Sotheby?s auction of Roy Lichtenstein?s White Brushstroke expected to break new Records
The auction featured nine paintings and two ceramic pieces by the Spanish artist, who died in 1973.
Image: Sotheby’s
The star of the sale was the 1938 “Femme au béret rouge-orange,” or “Woman in a reddish-orange hat,” a 1938 portrait of Picasso’s lover and muse Marie-Thérèse Walter. It was initially expected to sell between US$20 million and US$30 million and was eventually auctioned off for US$40 million.
Another large-scale portrait was the ?Homme et Enfant? or ?Man and Child? that sold for US$24.4 million. Sotheby?s said the piece reflected his later spontaneous style and his role as a father.&...
The post Picasso’s Works Auctioned for Almost US$110 Million appeared first on LUXUO.
Image: Sotheby’s
Eleven Pablo Picasso artworks have been auctioned for a total of nearly US$110 million after being on display for more than two decades in a Las Vegas hotel.
The pieces were owned by MGM Resorts and were featured in the Bellagio Hotel?s Michelin-starred French and Spanish eatery, Picasso. The restaurant is inspired by the artist?s life and work.
Coinciding with Picasso?s 140th birthday, it was organised by Sotheby?s. It is its first evening marquee sale to take place outside of New York.
READ MORE: Sotheby?s auction of Roy Lichtenstein?s White Brushstroke expected to break new Records
The auction featured nine paintings and two ceramic pieces by the Spanish artist, who died in 1973.
Image: Sotheby’s
The star of the sale was the 1938 “Femme au béret rouge-orange,” or “Woman in a reddish-orange hat,” a 1938 portrait of Picasso’s lover and muse Marie-Thérèse Walter. It was initially expected to sell between US$20 million and US$30 million and was eventually auctioned off for US$40 million.
Another large-scale portrait was the ?Homme et Enfant? or ?Man and Child? that sold for US$24.4 million. Sotheby?s said the piece reflected his later spontaneous style and his role as a father.&...
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