Record-Breaking Pablo Picasso Painting Goes on Show at Tate Modern in London

LONDON.- The most expensive painting to be sold at auction, Pablo Picasso’s “Nude, Green Leaves and Bust,” goes on public display in Britain for the first time Monday at the Tate Modern gallery in London. The 1932 work, which sold for $106.5 million at Christie’s in New York last year, has been lent to the Tate galleries from a private collection and will be on display in a new Pablo Picasso room in the Poetry and Dream section. “Nude, Green Leaves [...]

Sensual Portrait of Muse by Lovestruck Pablo Picasso Up for Auction at Sotheby’s

PARIS (REUTERS).- A sensual 1932 portrait by Pablo Picasso of his young mistress Marie-Therese Walter which captures his romantic obsession with her went on display at Sotheby’s in Paris on Wednesday ahead of an auction next month. It was the first public showing in Europe in some 80 years of “La Lecture,” or “Reading,” an erotic and brightly colored depiction of the voluptuous Marie-Therese sleeping nude in an armchair, her head thrown back and an open book in her lap. Sotheby’s [...]

Picasso Sells at Christie’s for $106.5 Million, a Record for a Work of Art Sold at Auction

NEW YORK, NY.- A 1932 Pablo Picasso painting of his mistress has sold for $106.5 million, a world record price for any work of art at auction. “Nude, Green Leaves and Bust,” which had a pre-sale estimate of between $70 million and $90 million, was sold at Christie’s auction house on Tuesday evening to an unidentified telephone bidder. There were nine minutes of bidding involving eight clients in the sale room and on the phone, Christie’s said. At $88 million, [...]

Rarely Seen Picasso Could Fetch $80 Million at Auction

NEW YORK.- One of the most valuable private art collections ever offered at auction, led by an $80 million Picasso, will be sold in May in a sign that the art market might soon flirt with the record levels seen before the financial crisis struck in 2008. The sale of more than 50 works at Christie’s from the estate of Mrs. Sidney Brody, a Los Angeles philanthropist who died in November, is conservatively estimated to sell for more than $150 [...]