Picasso oil painting sells for over Sh 10 billion at New York auction - News Summed Up

Picasso oil painting sells for over Sh 10 billion at New York auction


Employees pose for a photograph with "Le pont de Trinquetaille" by Vincent van Gogh, "Femme Assise Pres d'Une Fenetre (Marie-Therese)" by Pablo Picasso and "Composition: No. II with Yellow, Red and Blue" by Piet Mondrian, at Christie's gallery prior to the New York spring season of evening sales, in London, Britain. (Courtesy)An oil painting by Pablo Picasso sold for $103.4 million (over Sh 10 billion)at a Christie's auction in New York, smashing its presale estimate of $55 million (over Sh 5.8 billion). After an intense bidding war, the Picasso was snapped up by an online bidder in California, Christie's said. Thursday's auction, which was streamed live from the Rockefeller Center, marked the fifth work by the Spanish painter to have sold for more than $100 million.


Source: Standard Digital May 17, 2021 09:45 UTC



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