Picasso painting sold for $140 million

Pablo Picasso’s “Woman with a Clock,” an oil on canvas painting from August 1932, sold yesterday, Wednesday, at Sotheby’s in New York for $139.9 million.

This is the second highest amount ever paid for a painting by an artist who died fifty years ago.

The subject of the oil painting (130 x 97 cm) actually belongs to one of the muses and lovers of the iconic Spanish artist, the French artist Marie-Therese Walter. According to Sotheby’s estimates, the cost of the painting exceeds $120 million.

It belonged to wealthy New York collector Emily Fisher Landau, who died earlier this year at the age of 102. Her art collection, which includes works signed by other holy monsters (Jones, Koenig, Rothko, Warhol), is being sold at an auction that was split into two separate special evenings – yesterday, Wednesday and tonight – at Sotheby’s headquarters in NYC.

The painting hung in the living room of the deceased in her Manhattan apartment, the house explained, which expects the sale price of the Landau collection to be more than $400 million.

The highest amount ever paid for a painting by Pablo Picasso, and at that time for painting in general, was $179.4 million for the painting Les femmes d’Alger – Version O (“Women of Algeria – Version O”) , written by him in 1955.

At least six of the artist’s paintings have sold for more than $100 million. The painting “Women of Algeria” was sold in 2015 for the highest price for a work of art at that time. However, that record was broken by the $450 million price paid in 2017 for the oil painting Salvator Mundi, attributed to Leonardo da Vinci.

Source link