Colin Gleadell looks at who bought the late Picasso works in London and finds them to be astute market players like the Nahmad family and Samir Traboulsi:
Four examples were among the top-selling lots last week. A larger than life Nue debout attracted at least four bidders before selling for £4.3 million. More expensive were the two “musketeer” paintings profiled on this page three weeks ago.
Christie’s example, bought by a member of Saudi Arabia’s Juffali family in 2005 for £2.7 million, sold for £5.75 million. Sotheby’s example, bought by a US collector in 2000 for an estimated £4 million, sold for £7 million – the highest price of the sales.
Art Sales in London: Super Rich Hunt for Wow Factor (Telegraph)
