A Christie’s Auction House staff with Pablo Picasso’s Jeune Fille Endormie and Femme Assise, Robe BleuePablo Picasso’s portraits of three different lovers raised £42.2 million ($68.5 million) at Christie’s Impressionist and Modern Art Sale in London. Top lot on the night was a Femme assise, robe bleue, depiction of Dora Maar, who became Picasso’s lover and muse at the expense of Marie-Therese Walter. The 1939 painting, which had been unseen in public since 1967, sold for £18 million ($29.1 million), several times the pre-sale estimate of £4-8 million.
It had been acquired by the seller’s family from Beyeler in about 1968. The new buyer was the Swiss-based Greek collector Dimitri Mavrommatis, bidding by telephone to Thomas Seydoux, Christie’s international head of Impressionist and modern art, the auction house said after the sale.
Pablo Picasso’s Painting “La Lecture”
A Pablo Picasso painting, La Lecture fetched £25.2 million ($40.7 million) at a Sotheby’s auction on Tuesday. La Lecture, which shows the artist’s 17-year-old mistress Marie-Therese Walter snoozing in an armchair, went for double the estimate at sale in London last night.
It was a far from frenzied evening. Bidding for La Lecture opened at £9m and crawled slowly upwards, comfortably exceeding a pre-sale estimate of between £12m and 18m. Sotheby’s said the bidder was anonymous and announced themselves pleased with the result. There were at least seven bidders from all around the world and it was consistent with the interest we had before the sale – it is a widely admired and much appreciated painting, said Helena Newman, European chairman of Sotheby’s impressionist and modern art.
A 1932 painting titled “Nude, Green Leaves and Bust” by the Spanish artist Pablo Picasso painting has become the most expensive art work to be auctioned as it earned $106m, at Christie’s New York. Held by the late Los Angeles collectors Frances and Sidney Brody since the 1950s, the painting was won by an unnamed bidder through the telephone. The painting, Nu au Plateau de Sculpteur (Nude, Green Leaves and Bust), has Marie—Therese Walter, the artist’s mistress in reclining and also in a bust. Picasso included his own profile in the blue background.