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Picasso s portrait of Marie-Thérèse Walter achieves superb result at Bonhams
Pablo Picasso, Femme au Béret Mauve. Price realized: $10,837,063. Photo: Bonhams.
NEW YORK, NY
.- Pablo Picassos major portrait, Femme au Béret Mauve, 1937, sold for $10,837,063 at Bonhams Impressionist & Modern Art sale in New York on May 13. The painting, which had never been offered at auction, came from an American collector who had owned it for the past 37 years.
The 32-lot sale made a total of $13,839,368 with 99% sold by value and 84% sold by lot.
Molly Ott Ambler, Bonhams Head of Impressionist, Modern, European and American Art in America, said: We are thrilled with the impressive price achieved for Picassos Femme au Béret Mauve. It was in beautiful condition, had a distinguished provenance and I m not at all surprised that it attracted so much global interest.