Picasso painting sold for more than $ 100 million in New York

MEXICO CITY.

The work of Pablo Picasso “Woman seated by a window (Marie-Therese)” It sold for $ 103.4 million on Thursday at Christie’s in New York, the company reported.

The painting, completed in 1932, it was sold for 90 million dollars, That rose to $ 103.4 million when fees and commissions were added, after 19 minutes of bidding, Christie’s said.

The sale confirms the vitality of the art market, which has not really suffered the effects of the pandemic, but also the special status of Pablo Picasso (1881-1973).

Photo: AFP

The same painting It was acquired only eight years ago years by its current owner at a London auction for 28.6 million pounds, about $ 44.8 million, less than half the price offered on Thursday.

Five works of the Spanish painter have already crossed the symbolic threshold of 100 million dollars.

Even before this sale, he was already at the helm of this very closed club, with four paintings, including “Les femmes d’Alger”, which holds the record for a Picasso, 179.4 million dollars, in May 2015.

Photo: AFP

Its the first time in two years that a work exceeds 100 million dollars, since a copy of the series “Meules” by Claude Monet reached 110.7 million at Sotheby’s in New York.

On Tuesday, the “In This Case” canvas by American painter Jean-Michel Basquiat sold for $ 93.1 million at Christie’s during the first of the big spring sales, one of the two biggest gatherings in the world. .

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