ArtfixDailytm News Feed


Picasso scores world record art price

4 May 2010
Picasso’s 1932 painting “Nu au Plateau de Sculpteur (Nude, Green Leaves and Bust).”
Picasso’s 1932 painting “Nu au Plateau de Sculpteur (Nude, Green Leaves and Bust).”
(Estate of Pablo Picasso/Artists Rights Society, New York, via Christie’s)

Pablo Picasso’s “Nude, Green Leaves and Bust” garnered $106.5 million Tuesday night at Christie’s International in New York, the highest amount ever paid for an artwork at auction.

The coveted painting, from a series of Picasso's mistress Marie-Therese Walter, usurped the $104.2 million record set at Sotheby’s in New York in 2004 for a 1905 Picasso painting, “Garcon a la Pipe.”

Estimated at $70 million to $90 million, the Picasso came from the collection of Los Angeles philanthropist Frances Brody. An anonymous telephone bidder prevailed as the buyer.

Read more at Bloomberg