Bidding The World of Picasso Sotheby's auction house raised nearly £5 million
ARTinvestment.RU   19 июня 2020

The auction catalog was sold out more than 90 %

Auction The World of Picasso, in the directory which includes paintings, drawings, unique ceramic, draw works (ceramics and graphics), photography and an artist's palette — only 205 lots, expected triggered an increased interest among fans and collectors of Picasso's works. In the end, the ten-day auction (auction was held from 8 to 18 June 2020) new owners have acquired the 188 lots, and the total amount of art sold was £4,83 million ($6.1 million). While 83 % of all sold lots went expensive as the upper estimate.

Most expensive item sold at this auction, was a large (66 cm) ceramic vase, Grand Vase aux Femmes Nues — one of 25 copies, released on factory Maduro in 1950 inherited by the new owner for £435 million ($540 thousand).

Second place ranking in the price of lots sold have held the sketch in charcoal on paper for the composition "Three women", Picasso painted in 1907-1908, and arising from the collection of Marina Picasso. Estimate £30 thousand —£40 million, the drawing was sold for £325тыс. ($402 million) was 11 times higher than the starting price.

In third place was another graphic work from the collection of Marina Picasso — sketch for the famous painting by African artist (Cezanne) period "Pond" ("Reservoir at Horta de Ebro", MOMA, new-Йорк), written in 1909. The sketch is dated in the summer of 1909, was put up for auction with an estimate of £20 thousand — £30 thousand for the 34 step reached a final price of £237,5 thousand ($294 thousand). Great success among the participants enjoyed the used of an artist's palette: their prices have dramatically soared much higher estimate. The most expensive of them was the palette, dated 17 June 1961, estimated at £4thousand. — £6 thousand: for the 39 steps the price has risen from start up to £56,25 million ($69,6 million).

Thus, we can rightly say that the last trades in The World of Picasso — one of those cases where the result is not only justified, but also exceeds the pre announced expectations and evaluation.

Source: artdaily.com, sothebys.com



Attention! All materials of the site and database of auction results ARTinvestment.RU, including illustrated reference information about the works sold at auctions, are intended for use exclusively for informational, scientific, educational and cultural purposes in accordance with Art. 1274 of the Civil Code. Use for commercial purposes or in violation of the rules established by the Civil Code of the Russian Federation is not allowed. ARTinvestment.RU is not responsible for the content of materials submitted by third parties. In case of violation of the rights of third parties, the site administration reserves the right to remove them from the site and from the database on the basis of an application from an authorized body.


Индексы арт-рынка ARTIMX
Индекс
Дата
Знач.
Изм.
ARTIMX
13/07
1502.83
+4,31%
ARTIMX-RUS
13/07
1502.83
+4,31%
Show:

Top 29

Узнайте первым об открытии аукциона!

This site uses cookies, it can collect data about IP addresses and users. N 152-FZ «On Personal Data» and continue working with this site, you confirm your consent to the processing of personal data in accordance with the law N 152-FZ «On Personal Data» and «The policy of LTD «ArtIn» with regard to the processing of personal data».
Back to Top