Rockefeller auction: Picasso painting sells for $115m as part of $646m haul - News Summed Up

Rockefeller auction: Picasso painting sells for $115m as part of $646m haul


The auction saw the sale of 44 lots in total from the billionaire oil scion’s lauded modern art collection, including celebrated works by Paul Gauguin and Henri Matisse. The highlight of the Tuesday sale in New York was Young Girl with a Flower Basket, a 1905 Picasso that fetched $115m, the second-highest price at auction for the artist. Some reports have suggested the final price may have disappointed the auction house, which had not published a public estimate. Facebook Twitter Pinterest Monet’s painting on display at Christie’s auction house in New York on Tuesday. Many predict the total estate proceeds from the glittering multi-day auction could exceed $1bn, which would represent a record.


Source: The Guardian May 09, 2018 11:55 UTC



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