An oil portray by Pablo Picasso bought for $103.four million at a Christie’s public sale in New York, smashing its presale estimate of $55 million.The portrait of Picasso’s French lover Marie-Therese, “Femme assise près d’une fenêtre (Marie-Thérèse)”, or ‘Woman sitting near a window,’ led the ’20th Century Evening Sale’ on Thursday.
Keith Gill, head of the Impressionist and Modern Art division at Christie’s London, mentioned the work could also be acquainted to artwork lovers from its look at a landmark Picasso 1932 exhibition on the Tate Modern in 2018.
“It’s an incredibly iconic image. It hasn’t been seen up at auction since 2013. And the appreciation of Marie-Therese portraits, particularly from 1932, has very much grown since that time. So this will be a stand-out price for the artist,” mentioned Gill.
After an intense bidding battle, the Picasso was snapped up by an internet bidder in California, Christie’s mentioned.
Thursday’s public sale, which was streamed stay from the Rockefeller Center, marked the fifth work by the Spanish painter to have bought for greater than $100 million.