Picasso's painting sold for over $ 103 million

Picasso's painting sold for over $ 103 million

Pablo Picasso's 1932 painting "The Woman Seated by the Window" was sold at an auction in New York for $ 103.4 million, Christie's auction house announced on Friday. The starting price was $ 55 million.

The Reuters Agency recalls that the woman immortalized in this painting by Picasso is his French muse and lover, Marie-Therese.

According to the catalog for the exhibition "Picasso 1932" organized in 2018 at the Tate Modern museum in London, "The Woman Seated by the Window" was one of a series of pioneering portraits that Picasso devoted to his muse in 1932. He had already made himself comfortable and had achieved fame, but he tried to show that he is still a creative artist.

In 2013, an anonymous private collector bought the painting at Sotheby's in London for about $ 45 million including fees. Now Picasso's work has gone to a California buyer.

"It's an incredibly iconic painting. It hasn't been seen at an auction since 2013. And appreciation for Marie-Therese's portraits, especially from 1932, has grown enormously since then," explained Christie's head of Impressionist and Modern Art.

"The Woman Seated by the Window" was the fifth work by the Spanish painter to sell more than $ 100 million. A record amount for Picasso's work - $ 179.4 million - was paid for his painting "Women of Algiers" in 2015.

At the same New York auction, Claude Monet's painting "Waterloo Bridge, effet de brouillard" (Waterloo Bridge, Effet de Brouillard) was sold for over USD 48 million, and Vincent van Gogh's "Le Pont de Trinquetaille" (Trinquetaille Bridge) was sold for 39 million dollars.

"The success of the auction signals a real return to normalcy and proves that the art market is back on track," argued Christie's America boss Bonnie Brennan.

From New York, Andrzej Dobrowolski (PAP)


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