Picasso still life approximate cost of €1 million went to a resident of Italy
ARTinvestment.RU   21 мая 2020

The new owner of the painting was identified may 20, 2020, during the raffle, a ticket which cost only €100

Lottery, a project of the Paris charity Aider les Autres ("to Help others"), together with the organization of the Picasso Estate, is held in Paris for the first time. In 2020 she was supposed to go in early January, but was first postponed for technical reasons, and then — from-за quarantine. Last Wednesday still life finally found its new owner. They found Claudia Borgogno, a resident of Italy, received a ticket to participate in the lottery as a gift.

According to information provided by the organizers of the lottery, in total, the sale of tickets they managed to collect €5.1 million, of which €900 million will accrue to the previous owner "still life", which employed the action of the collector from Monaco to David Namadu, and the rest — will go to support the international project CARE, providing access to clean drinking water in hundreds of villages and schools in Cameroon, Madagascar and Morocco. As it became known, David Named also supported the project amount of €100 thousand

Peri Cochin, the organizer of the lottery, held at the Paris office of Christie's auction house, commented on the events: "Picasso would have loved the action, like this one, because it is with a great attention to social and humanitarian problems."

Video of the drawing of Picasso's work is available on the promotion page.

Source: 1picasso100euros.com, nytimes.com



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