Pablo Picasso painting sold at auction in Sydney Menzies Art Brands to Australia for a record sum of 6.9 million dollars

Written in 1954, the portrait «Silvett», which in the manner depicted kubisticheskoy 17-year-old girl Silvett David, has been sold to a buyer wishes to remain anonymous on the phone. Interestingly, this work was sold in May 2006 at Sotheby's for 4.6 million dollars. Thus, for two years, growth in value was about 50 percent, which once again confirms the investment attractiveness of high-quality works of art.

David Silvett often posed a famous painter. Her fragile camp and long blonde hair literally captured the artist, her face captured more than 40 paintings by Picasso. In November 2005 one of the portraits Silvett work of Picasso ( «Silvett in a green armchair») was sold at Christie's auction in New York for U.S. $ 8 million in the initial evaluation of the 6 million.

«Sydney - this is New York to the world of art in the southern hemisphere,», - said the auction house representative of Menzies Art Brands Geysler Marie. As the experts in the past year, Australia is experiencing a boom in the art-market associated with the boom of Chinese investment in Australian mining.

Picasso painting broke the previous record of art auctions in Australia - 3.3 million, paid last year for the work of Australian artist Brett Uayteli.

Yegor Molchanov

Source: www.rian.ru , www.ruslist.ru , www.menziesartbrands.com , artinvestment.ru