Picasso’s famous painting “Madame de Lamontière” was sold for US$139.4 million at the Sotheby’s auction in New York, which toured many countries including Dubai, Hong Kong, and London. This was the first time a Picasso painting was exhibited outdoors. America for more than fifty years.
The painting is Picasso’s second most expensive artwork, as the record price for another work by the Spanish artist was set at $179 million in 2015.
The painting, estimated at $120 million, is a portrait of Marie-Thérèse Walter, the artist’s “golden muse” and the subject of many of his paintings. Painted by Picasso in 1932.
The painting belongs to art collector Emily Fisher, born in Manhattan in 1920, who began collecting art in 1968. He bought a Picasso painting from a gallery in New York in 1968.
“Mrs. de Lamontière” is distinguished by the artist’s watch on her arm, and some have called her “The Lady of the Hour.” Picasso had a passion for exceptional watches and he owned three of them. Most important international brands.
That year, Picasso painted “Naked Green Leaves and a Bust,” which fetched $106 million at a Christie’s auction in May 2010. It is known that Picasso was prolific that year, as he painted many of the paintings that will be the subject of the 2018 exhibition. Art Museum. Tate” London.
A number of records were set at the New York auction itself, including one by Agnes Martin, whose painting Gray Stone II (1961) sold for $16 million, or an estimate of $18.7 million. After a seven-minute battle between eight bidders
In total, the sale brought in $406.4 million for the Emily Fisher Landau Collection, which consists of 31 works of art.
Fischer-Landau was an active member of the board of directors of the Whitney Museum of American Art in New York for nearly 30 years and was known for her friendship with artists, including works at auction, such as Agnes Martin. Ed Russa, Jasper Johns, Cy Twombly, Mark Dancy and others. . In 2010, Fisher donated over 400 works of art to the Whitney Museum.
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