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Home›World›The Buzz | Picasso nude in Rockefeller auction may help break a record

The Buzz | Picasso nude in Rockefeller auction may help break a record

By -
Monday, May 7, 2018
64
0

Pablo Picasso’s “Young Girl with a Flower Basket,” will star in a Rockefeller collection going on the block starting May 8 at Christie’s. The Picasso, estimated at about USD100 million, is the highest valued of more than 1,500 Rockefeller lots, which include other Impressionist masterpieces, duck decoys and the dinner service that Napoleon took to his exile in Elba.

The painting is among 45 Picasso works estimated to fetch more than $305 million at New York auctions in the next two weeks. Sellers include embattled billionaire casino mogul Steve Wynn and the estate of Joan and Preston Robert Tisch.

With $212 million of Picasso works having already sold at auction this year, according to Artprice.com, 2018 is shaping up as the best ever for the Spanish master.

Wynn is parting with Picasso’s 1943 self-portrait in a striped sailor shirt, “Le Marin.” Estimated at about $70 million, it will be offered during Christie’s evening sale of Impressionist and modern art on May 15.

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