By Le Figaro with AFP
Published 2 hours ago, Updated now
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The painting, for which Sotheby’s expects $120 million, is one of the key works in the dispersal of the collection of Emily Fisher Landau, who died in March.
Woman with watch, painted in 1932 by Pablo Picasso, was exhibited Monday in Dubai, opening a tour which will take this painting to Hong Kong, then to New York, where it will be auctioned in November. The auction house Sotheby’s indicated in mid-September that the painting, representing one of the companions and muses of the Spanish artist, the French painter Marie-Thérèse Walter, could sell for 120 million dollars at auction on 8 and November 9.
Also read: “Woman with a Watch” by Picasso could sell for $120 million in New York
The work is presented in the Sotheby’s showroom, owned by French, Moroccan and Israeli tycoon Patrick Drahi, at the Dubai International Financial Center (DIFC), the emirate’s financial district. According to Julian Dawes, head of the impressionist and modern arts division at Sotheby’s, Picasso attracts potential buyers from all over the world. “In the past, we’ve seen deals from literally every continent, every major city“, he told AFP during the inauguration ceremony in Dubai. “Between 2021 and 2022, we have seen an increase of over 100% in the number of bidders and buyers from the Middle East“, he clarified.
Woman with watch belonged to New York collector Emily Fisher Landau, who died at the end of March at the age of 102, who also owned several works by Jasper Johns, Willem de Kooning, Mark Rothko and Andy Warhol, offered at auction on November 8 and 9.
Fifty years after his death, the author of Guernica (1937) and Ladies of Avignon (1907) continues to fascinate: museums around the world, particularly in France and Spain, are devoting around fifty exhibitions to it in 2023.
2023-09-26 11:07:28
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