Home » News » Picasso’s “Femme à la montre” sells for almost $140 million

Picasso’s “Femme à la montre” sells for almost $140 million

Second most expensive work by Picasso

Picasso work auctioned in New York for almost $140 million

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This photo provided by Sotheby’s auction house shows Sotheby’s employees introducing Pablo Picasso’s “Femme à la montre” from the Emily Fisher Landau Collection in the Breuer Building.

The famous artist’s painting “Femme à la montre” was created in 1932 and fetched the sum of almost $140 million at a Sotheby’s auction. This makes it the second most expensive Picasso work ever sold at auction. But who bought it?

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New York. A work by the Spanish artist Pablo Picasso (1881-1973) from the famous collection of Emily Fisher Landau, who died in March, was sold at an auction in New York for almost 140 million dollars (around 130 million euros). This makes it the second most expensive work by Picasso ever sold at auction, said the auction house Sotheby’s, which had previously valued the painting at around $120 million, on Wednesday. In 2015, “Les femmes d’Alger (Version ‘O’)” by Picasso was auctioned at Christie’s in New York for $179 million.

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Sotheby’s said that the 1932 Picasso painting “Femme à la montre”, a portrait of his lover Marie-Thérèse Walter, was bought by the collector Landau in 1968 and then hung over the fireplace in her New York apartment for many years . Who bought it was not initially announced. Along with the Picasso, around 120 other works are to be auctioned at the two-day auction – before the traditional autumn auction next week.

An employee of the Van Ham auction house walks past the painting “Buste de femme” from 1971 by Pablo Picasso.

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Most important collection of modern art

At the end of the 1960s, Landau received a large insurance sum after jewelry was stolen and began buying art. Over the years she built up one of the world’s most important collections of modern art, with works by, among others, Georgia O’Keeffe, Agnes Martin, Keith Haring, Robert Rauschenberg, Cy Twombly and Robert Mapplethorpe. For a time, Landau also ran a museum in the New York borough of Queens. She died in March at the age of 102.

RND/dpa

2023-11-09 02:39:46
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