Eleven Picasso Masterpieces Fetch Nearly $109Mln At Sotheby's Las Vegas Auction


Eleven Picasso Masterpieces Fetch Nearly $109Mln at Sotheby's Las Vegas Auction

MOSCOW (UrduPoint News / Sputnik - 24th October, 2021) Sotheby's has sold 11 paintings by Pablo Picasso for $108.8 million in Las Vegas ahead of what would have been the Spanish painter's 140th birthday, according to the auction house's website.

The first-of-its-kind auction included Picasso's works from the MGM Resorts Fine Art Collection that had been on display for years in Bellagio Hotel's Michelin-starred Picasso restaurant in Las Vegas.

"Woman with a red-orange cap", one of the last portraits of his beloved muse Marie-Therese Walter, fetched the highest price of some $40.5 million after a starting price was estimated at $20-30 million.