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Bonhams to offer major Picasso portrait at New York Impressionist & Modern Art sale Femme au Béret Mauve, 1937 by Pablo Picasso. Estimate: $10,000,000-15,000,000. © 2021 Estate of Pablo Picasso / Artists Rights Society (ARS), New York. NEW YORK, NY .-Bonhams announces the sale in New York of a major Picasso portrait from 1937, one of the artist’s most fruitful years during which he also produced, Guernica and Weeping Woman. Painted in March 1937, Femme au Béret Mauve is a serene depiction of Picasso’s greatest muse Marie-Therese Walter. The work will be offered at Bonhams Impressionist and Modern Art sale in New York on Thursday 13 May. The painting has not been on public display since it was bought in 1984 from a New York gallery by the current owners. It has an estimate of $10,000,000-15,000,000.

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