LONDON DISPLAYS A PICASSO PAINTING ESTIMATED TO FETCH $120M

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Sun 08 October 2023:

The masterwork Femme A La Montre by Pablo Picasso, created in 1932, will be on exhibit at Sotheby’s in London and is expected to sell for more than $120 million at auction.

The painting, which once belonged to art patron and collector Emily Fisher Landau, shows Picasso’s “golden muse” Marie-Therese Walter, a subject of many of the artist’s portraits and a lady who was rumored to have had an affair with him.

The oil on canvas painting forms part of the exhibition The Emily Fisher Landau Collection: An Era Defined, which will take place at Sotheby’s from Saturday October 7 to Wednesday October 11.

Ms Fisher Landau bought the Picasso painting in 1968 at the start of her collecting journey.

The travelling exhibition will also open in Paris, Taipei and Los Angeles and has already been to Dubai and Hong Kong.

Artists who feature in Ms Fisher Landau’s collection include American painter and sculptor Jasper Johns, Dutch-American artist Willem de Kooning, American painter and printmaker Robert Rauschenberg, abstract painter Mark Rothko as well as Edward Ruscha and Andy Warhol, who were both associated with the pop art movement.

Highlights from the collection are on show in the traveling exhibition, including Flags, an oil painting by John from 1986, and Sundog, a 1962 silkscreen by Rauschenberg, which is expected to fetch between $8 million and $12 million at auction.

The collection, which is expected to fetch well over $400 million, will be put up for auction at Sotheby’s New York on November 8 and 9.

SOURCE: INDEPENDENT PRESS AND NEWS AGENCIES

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