Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

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)

More from Art Market Monitor

  • The Changing Market Mix for Impressionist and Modern Art, 2007-2017The Changing Market Mix for Impressionist and Modern Art, 2007-2017
  • Christie’s Has a $25m Picasso Marie-Thérèse for NovemberChristie’s Has a $25m Picasso Marie-Thérèse for November
  • Christie’s £18m Brings Dora Maar to LondonChristie’s £18m Brings Dora Maar to London
  • Wynn’s Picasso Withdrawn from Christie’s SaleWynn’s Picasso Withdrawn from Christie’s Sale
  • Christie’s Rebecca Wei Telegraphs Chinese Rockefeller InterestChristie’s Rebecca Wei Telegraphs Chinese Rockefeller Interest
  • Sotheby’s Has 1932 Picasso Marie-Thérèse for JuneSotheby’s Has 1932 Picasso Marie-Thérèse for June

Filed Under: Auction Results Tagged With: Featured, Picasso

About Marion Maneker

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

Top Posts

  • Keith Haring’s 1989 Retrospect Comes to Sotheby’s London Prints Sale
  • Tony Podesta's Secret Art Buying
  • Four of Picasso's Women Valued at $28m Come to Christie's from Rose-Walters Collection
  • Roy Lichtenstein’s Top Ten Auction Prices
  • Norman Rockwell's Not Gay. But Is He a Great Artist?
  • Restituted Van Gogh Portrait from London Collection to Sell at Christie’s
  • Christie’s to Sell Its First Fully Digital Work of Art in Test of Emerging Market
  • Podcast
  • Basquiat's Last Girlfriend
  • Christie's to Sell $12m Yves Klein to Benefit The Water Academy
  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor