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Latino Daily News

Wednesday June 20, 2012

Pablo Picasso’s “Seated Woman” Painting Sells for $13.4 Milion

Pablo Picasso’s “Seated Woman” Painting Sells for $13.4 Milion

Photo: Pablo Picasso's "Seated Woman" Painting Sells for $13.4 Milion at Christie's in London

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The 1949 oil painting “Seated Woman” by Pablo Picasso was auctioned off Wednesday at Christie’s in London for 8.5 million pounds ($13.4 million), a much higher price than the experts expected.

The picture was one of the most sought-after works in the auction of impressionist and modern art, in which paintings by Renoir, Signac and Gauguin were also on offer.

“Seated Woman,” a cubist design in tones of purple, black, yellow, green and orange, far surpassed the $11.7 million the experts had estimated.

Another star of the evening was a later work by Picasso, “Woman with Dog” painted in 1962, which was knocked down for 6.9 million pounds ($10.9 million).

The canvas, which had not been shown in public since 1973 in Chicago, is a portrait of his second wife Jacqueline Roque with her dog Kaboul, which the painter created in a period of great changes in his style.