ARTS | PAINTINGS- Picasso painting could sell for $60 mln: Sotheby’s

STORY: Is this Picasso worth more than $60 million?

It’s the artist’s 1932 painting

‘Femme nue couchée’

It features Picasso’s muse, Marie-Thérèse Walter

SOTHEBY’S HEAD OF MODERN ART, JULIAN DAWES:

“We are expecting it to sell in excess of $60 million. And of course, another 1932 painting of Marie-Therese by Picasso of comparable scale sold just, you know, not very long ago, at all for over $100 million at public auction. So, we certainly feel that this is in many ways a much more important painting. And it will be very exciting to see if it can’t

.do a similar price.”

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Also up for auction in May

is a self-portrait by Andy Warhol

A previously unseen Mark Rothko

And Claude Monet’s ‘Le Grand Canal et Santa Maria della Salute’

which could fetch $50 million

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SOTHEBY’S HEAD OF MODERN ART, JULIAN DAWES:

“With the incredible highlights that we have by Monet, by Warhol, like Guston, by Bacon, it’s really a trophy market. And we certainly feel having already had conversations with collectors, that the appetite is there for the very, very best.”