July 14, 2024

Big Money for Pablo Picasso Painting

A special painting by the famous artist Pablo Picasso was recently sold at an auction and it made a lot of money. The artwork is called “Femme à la montre,” and it’s from the year 1932. It was part of a large art collection owned by a lady named Emily Fisher Landau who loved art. This special painting was sold at a famous place where people buy and sell art called Sotheby’s.

Lots of Dollars

This painting was sold for a huge amount of money – $139 million! Can you believe that? The auction started with the price at $100 million, and people kept offering more money until it reached $121 million. Then, someone on the phone with Brooke Lampley, who works at Sotheby’s, bought the painting. So in the end, it cost $139 million, including some extra fees.

Picasso’s Muse

This painting shows a lady named Marie-Thérèse Walter. She Picasso’s muse, which means she inspired him to create lots of art. Marie-Thérèse really important to Picasso, and he painted her many times. The painting is like a piece of history in the art world.

Not Picasso’s First Expensive Art

Paintings by Picasso often sell for a lot of money. Another artwork of his, called “Nude, Green Leaves, and Bust,” which paint in 1932 as well, sold for $106.5 million in 2010. People really like Picasso’s art, and they are willing to pay a lot for it.

The Painting’s Story

The painting has an interesting story. It was first sold to someone named Galerie Beyeler in Basel, who got it from Picasso just two years before that. Then, Emily Fisher Landau bought it from Pace Gallery in 1968, and it stayed in her collection until it was sold at the recent auction.

It’s incredible how some paintings can become so valuable and special to people. This Picasso artwork is now one of the most expensive pieces ever sold at an auction.