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The Fate of Late Picassos

June 30, 2009 by Marion Maneker

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)

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Filed Under: Auction Results Tagged With: Featured, Picasso

About Marion Maneker

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