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Auction in New York: $ 100 million for a Picasso

Status: 14.05.2021 4:18 p.m.



103.4 million dollars – that’s how much the new owner pays for the Picasso painting “Seated Woman at the Window”. He bought the picture at Christie’s in New York – after a bidding contest that lasted almost 20 minutes.

A painting by the Spanish painter Pablo Picasso was auctioned in New York for 103.4 million dollars (85.4 million euros). The price for the work “Sitzende Frau am Fenster”, completed in 1932, was driven up to 90 million dollars at Christie’s auction house in a nearly 20-minute bidding contest. With fees and commission, the new owner has to pay $ 103.4 million for it.

“Sitting woman at the window” is part of a series in which Picasso (1881-1973) depicted his muse Marie-Thérèse Walter and thus presented it to the public.

So far privately owned

The previous owner had only acquired the painting eight years ago. At that time he had paid 28.6 million pounds (33.3 million euros) for it in London, less than half of the price now achieved. The monumental work had previously been in his private art collection.

Five plants cracked the $ 100 million mark

The New York auction house attributes the current record price to the fact that the art market continues to flourish despite the corona pandemic.

In the meantime, five Picasso works have cracked the symbolically significant mark of 100 million dollars. The highest price for a Picasso work was achieved in 2015: $ 179.4 million for the painting “The Women of Algiers”.

Most recently, a work of art broke the $ 100 million mark in 2019. At that time, a painting from the “Grainstack” series by the French impressionist Claude Monet was auctioned at Sotheby’s in New York for $ 110.7 million.

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