Calder painting, Picasso linocut top Cottone art sale
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Calder painting, Picasso linocut top Cottone art sale

Calder painting, Picasso linocut top Cottone art sale
Cottone auction house is well-known round the globe for auctioning antique items of the likes of fine artworks, estate silver, Tiffany lamps, folk art, pottery vases, Oriental rugs Native American painted elk skin hides, old clocks and stoneware. Recently an authentic gouache painting composed by the globally renowned American artist Alexander Calder titled “Loops” was listed in this auction. The artwork has been dated to the year 1972. This rare painting was reportedly sold for $78,200 at the annual Winter Fine Art & Antiques Auction held on 29th March by the auction house. In an interesting coincidence, another artwork along with the beautiful Calder painting were lapped up by buyers for identical prices. The other special work of art was composed by the legendary artist Pablo Picasso. The Picasso in question is a colour linocut on Arches paper and has been titled as the “Faunes et Chevre”.  Like the Calder painting, this beautiful piece by Picasso also fetched exactly the same amount of $78,200. Reportedly the auction had less than 500 items in their latest sales edition. All the items which featured during the bidding process managed to gross a pretty respectable combined sale amount of approximately $1.5 million. With a packed house of around 250 people present in the gallery along with 3,000 registered online bidders, it was considered to be a very busy day for the Cottone auctions’ staff. Matt Cottone of Cottone Auctions remarked in a prepared media statement that the present market is considered to be very favourable for the sale of fine artworks and antique decorative accessories. This grand auction was filled with works of noted artists, Tiffany lamps, sculptures, Asian art, antiquities, art glass, Oriental rugs, period furniture and much more. The great artist Picasso however had one more of his special artwork listed at the auction, a limited edition executed circa engraved bottle that was dated way back to 1954. The bottle was in excellent condition and fetched $14,000.
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