You are here

News

Picasso sells for $41.5 million in New York

NEW YORK (AFP)

An erotically charged Picasso oil painting of his mistress alongside tulips and fruit sold Thursday for $41.5 million dollars in New York.

"Nature morte aux tulipes," painted in 1932, was the star of Sotheby's Impressionist and modern art sale in Manhattan. The pre-sale estimate for the work had been between $35 million and $50 million.

The painting depicts the head of Marie-Therese Walter, who was Picasso's lover and famous muse, and a suggestive flower arrangement.

Another of the Marie-Therese series, "Femme a la fenetre (Marie-Therese)," sold for $17.2 million, inside the $15-20 million estimate.

Other successes at Sotheby's included $12.1 million paid for "Champ de ble" by Claude Monet, well above the $5-7 million estimate.

Paul Cezanne's "Femme nue debout" went for $5.3 million, inside the estimate, and Henry Moore's sculpture "Two piece reclining figure No. 1" sold for $4.7 million, at the high end of the estimate.

However, numerous works failed to find buyers, including Picasso's "Plant de tomate," estimated to sell for $10-15 million and the same artist's "Femme a la robe verte," which had been listed at $6-8 million. Cezanne's "La femme a l'hermine," which had been hoped to fetch between $5 million and $7 million, also flopped.

On Wednesday, Christie's in New York sold a Monet water lily painting for $43.8 million and saw a painting by Wassily Kandinsky sell for an auction record of $23 million. However, the auction overall was seen as a disappointment with numerous prestigious works not selling.

Next week, the big rival auction houses hold their contemporary art sales.

Newsletter AFP

Subscribe to AFP newsletter

AFP's worldwide network

The global network of Agence France Presse covers 150 countries

find out more

Contact us

If you have news to share or a question, comment or suggestion, contact us via...