Rare Picasso paintings go on auction
In the past, we have spoken extensively about what Pablo Picasso’s works can do at art auctions, when it comes to breaking record barriers; the musketeer painting, the La Lecture painting, and the Angel Fernandez portrait are some examples. Now, one of the iconic and earliest works of the Spanish master impressionist, ‘Child with a dove’, is set to go on sale with an estimated price tag of $65.62 million (€50 million). Along with that one more lithograph, tilted ‘Corrida le Picador’, will meet a similar fate with an estimated price tag of $18,000-24,000, which dates back to the year 1949. These estimates go on to show that economics and artistic appreciation are hand in glove when it comes to Picasso’s works, even to this very day.
The main attraction of the sale, which is the ‘Child with a dove’ painting, has its roots dating to the year 1901, when Picasso was just 19-years old. Created in Paris, this painting shows a girl child with red hair, donning a long blue dress, clutching a dove within her arms while standing beside a multi-colored ball. Though the exact source of inspiration isn’t known, but some in the art circles say, that the Spanish master’s father had a dove and pigeon breeding hobby from where he must have drawn his theme. The current owners of this original work, who are based in Wales, are set to auction it off, but the hefty value has left few in Britain who could afford it. For those looking to catch a glimpse of the painting before it’s sold, it is on display at the Tate Britain in London, as a part of its Picasso Exhibition.
The other work of art from Pablo Picasso, also set to go on sale, is the ‘Corrida le Picador’ lithograph which was created by him in 1949. This lithograph shows the master’s extreme affinity to impressionism, where he uses a black and white medium to display his work. In order to preserve the quality, acid-free mounts and mats have been used to frame the painting, along with removable hinges. Those looking to get hold of this, should be based around San Marcos in California where it goes on sale.
Le Rapos 1932 painting
Price: $9.88 million
Taking into account the enigma Pablo Picasso is known to generate, it was no surprise that this miniature 1932 painting fetched almost 1.5 times the estimated value. During the bidding process, prices escalated early and were a neck to fight amongst collectors. Finally, the hammer went down to an offer by a telephone bidder who included $100,000 for buyers’ premium up pick the art piece. This also happened to be bought in 2002 for $3.08 million, making it a safe and lucrative investment.