General Discussion

Omaha Steve

(99,741 posts) Wed Mar 25, 2015, 02:56 PM Mar 2015

This Picasso painting could smash auction record

http://www.kspr.com/life/money/this-picasso-painting-could-smash-auction-record/21052342_32005370

By Ben Rooney
POSTED: 11:20 AM CDT Mar 25, 2015

NEW YORK (CNNMoney) -
A painting by Pablo Picasso could set a new record for the most expensive art work ever sold at auction.

The masterwork, entitled "Les femmes d'Alger (Version "O&quot

" goes under the hammer in May, according to auction house Christie's.

The auction house estimates it to sell for $140 million. However, Picasso's most famous paintings are in high demand and such auctions usually fetch a much higher price than the estimate.

Currently, the most expensive art work ever sold at auction is Francis Bacon's "Three Studies of Lucian Freud," which sold for $142 million in 2013. Christie's had expected that series of three portraits to fetch just $85 million before it sold.

FULL story at link.

10 replies

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Highlight:

This Picasso painting could smash auction record (Original Post) Omaha Steve Mar 2015 OP

"The girls would turn the color of an avocado.... immoderate Mar 2015 #1

+1 n/t FSogol Mar 2015 #5

they have soooooooooo much money.... lame54 Mar 2015 #2

It's a tax deduction. closeupready Mar 2015 #3

Only if they give it to a museum Warpy Mar 2015 #4

If they buy it to furnish a business, doesn't that count as a business expense? closeupready Mar 2015 #6

That's a lot to pay for dirty pitchers. lpbk2713 Mar 2015 #7

here's what Picasso was copying CTyankee Mar 2015 #8

I much prefer this original Omaha Steve Mar 2015 #9

well, of course, delacroix and french colonialism... CTyankee Mar 2015 #10

immoderate

(20,885 posts)

1. "The girls would turn the color of an avocado....

Reply to Omaha Steve (Original post)

Wed Mar 25, 2015, 03:01 PM

Mar 2015

When he would drive down the street in his El Dorado."

--imm

FSogol

(45,529 posts)

5. +1 n/t

Reply to immoderate (Reply #1)

Wed Mar 25, 2015, 04:40 PM

Mar 2015

lame54

(35,326 posts)

2. they have soooooooooo much money....

Reply to Omaha Steve (Original post)

Wed Mar 25, 2015, 03:06 PM

Mar 2015

that they have to think of new ways to spend it

or exaggerate the old ones

closeupready

(29,503 posts)

3. It's a tax deduction.

Reply to lame54 (Reply #2)

Wed Mar 25, 2015, 03:29 PM

Mar 2015

Warpy

(111,359 posts)

4. Only if they give it to a museum

Reply to closeupready (Reply #3)

Wed Mar 25, 2015, 04:39 PM

Mar 2015

which they won't.

ETA: That gorpy frame doesn't do the painting any favors. What the hell were they thinking?

closeupready

(29,503 posts)

6. If they buy it to furnish a business, doesn't that count as a business expense?

Reply to Warpy (Reply #4)

Wed Mar 25, 2015, 04:42 PM

Mar 2015

lpbk2713

(42,766 posts)

7. That's a lot to pay for dirty pitchers.

Reply to Omaha Steve (Original post)

Wed Mar 25, 2015, 05:01 PM

Mar 2015

CTyankee

(63,912 posts)

8. here's what Picasso was copying

Reply to Omaha Steve (Original post)

Wed Mar 25, 2015, 05:23 PM

Mar 2015

women of algiers by delacroix

When Picasso first saw the delacroix work he said "That bastard! He's really good!"

Heh. Then he copied it (as he did LOTS of other great artists works). Cubistically, of course...

Omaha Steve

(99,741 posts)

9. I much prefer this original

Reply to CTyankee (Reply #8)

Wed Mar 25, 2015, 05:59 PM

Mar 2015

I once touched an uncatalogued Picasso sketch. It was more like a quick doodle. It was at a huge estate sale. The estate and auctioneer didn't know what they had. Only one person knew what it was. He paid $25 back in 1991 or 92. It made the paper a few days later.

CTyankee

(63,912 posts)

10. well, of course, delacroix and french colonialism...

Reply to Omaha Steve (Reply #9)

Wed Mar 25, 2015, 07:18 PM

Mar 2015

it's interesting to see the progression with Picassoo...

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