Art Market Monitor

Global Coverage ~ Unique Analysis

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

Early Picasso Leaves Britain for Qatar

April 15, 2013 by Marion Maneker

Picasso, Child with a Dove

Bloomberg reports that no British buyer has been found for 1901’s Child with a Dove by Picasso:

U.K. Culture Minister Ed Vaizey placed a temporary export bar in August 2012 to give British institutions the opportunity to buy the painting at the recommended price of 50 million pounds.

As no U.K.-based buyer was found, the Picasso can now be sold to Christie’s unidentified purchaser.

“We can confirm that Christie’s was invited to negotiate the private sale of this picture but we are unable to discuss the matter further,” the London-based auction house said in an e-mail. The company declined to confirm the final purchase price yesterday.

“Child with a Dove” has been bought by the emirate of Qatar, the French daily newspaper Le Figaro said on April 10.

Presumably, the £50m price was set by the Qatari offer.

Picasso $77 Million Portrait to Leave U.K., Rescue Fails (Bloomberg)

More from Art Market Monitor

  • Swann African American = $1.83mSwann African American = $1.83m
  • Plum TV: The Story of ArtBasel Miami BeachPlum TV: The Story of ArtBasel Miami Beach
  • Christie’s Keeps At Outsider Art MarketChristie’s Keeps At Outsider Art Market
  • Art Miami, Weekend ReportArt Miami, Weekend Report
  • 30 Galleries in NY Upgrade30 Galleries in NY Upgrade
  • Small is BeautifulSmall is Beautiful

Filed Under: Artists

About Marion Maneker

LiveArt

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

  • 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
 

Loading Comments...