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Picasso's $115-million 'Young Girl' to be loaned to Paris museum
The painting was purchased at auction Tuesday by the Nahmads, a family of art dealers and collectors that includes Helly Nahmad, owner of a New York gallery. © Christie’s Images Limited 2018.


Picasso's "Young Girl With Basket of Flowers," recently sold at a New York auction for $115 million, will be loaned to Paris's Musee d'Orsay for a Picasso exhibit opening in September.

"We're very happy," a museum spokesperson said Saturday in confirming the loan, first reported in The New York Times.

The painting was purchased at auction Tuesday by the Nahmads, a family of art dealers and collectors that includes Helly Nahmad, owner of a New York gallery, according to two sources quoted by the Times. Nahmad did not respond to an AFP request, through his gallery, for comment.

The Musee d'Orsay's "Picasso: Blue and Rose" exhibit is being organized in collaboration with the Picasso Museum-Paris and will focus on the artist's work from 1900-1906, encompassing his critically important Blue Period and Rose Period. It will run from September 18 to January 6, 2019.

The exhibit will then move to the Beyeler Foundation near Basel, Switzerland, from February 3 to May 26, with a modified set of paintings. It is not clear whether the "Young Girl" will be part of that show.

Record-breaking sale
The painting, from 1905, was part of a major auction by Christie's of the extensive collection of the late US banker David Rockefeller and his wife Peggy.

"Young Girl," which the American collector Gertrude Stein and her brother Leo had purchased directly from the artist, was sold for the sixth-highest sum ever attained by a painting at auction, expenses and commissions included.

Four paintings by Picasso (1881-1973) have now been sold for more than $100 million each. No other painter has seen more than one piece of art reach that rarefied level.

Rockefeller, who died last year aged 101, was a grandson of oil magnate John D. Rockefeller. "Young Girl" was a centerpiece of his vast trove of artworks.

The Christie's sale brought in a total of $832 million, pulverizing the record for a single collection sale set in 2009, when the works of designer Yves Saint Laurent and his longtime partner Pierre Berge netted $484 million.


© Agence France-Presse





Today's News

May 13, 2018

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V&A to open new Photography Centre this October with commission by Thomas Ruff

Picasso's $115-million 'Young Girl' to be loaned to Paris museum

Rockefeller Collection sold for record-smashing $832 million

Major exhibition offers a new perspective and inspiring a rereading of art history

Exhibition at the Frye Art Museum traces the development of French landscape painting

Exhibition includes the public debut of historical portraits and recent large-scale contemporary artworks

The Morgan opens an exhibition solely focused on Thomas Gainsborough's works on paper

Serralves Museum of Contemporary Art opens a major exhibition devoted to the Sonnabend Collection

Adelaide Contemporary design proposals unveiled

Jordan Wolfson's most recent video work Riverboat song on view at David Zwirner

Heather Gaudio Fine Art opens first solo exhibition with Melissa Meyer

National Gallery Singapore announces significant donation of Ng Eng Teng's Mother and Child sculpture

Tiancheng International announces highlights from the Jewellery and Jadeite Spring Auction 2018

Swiss artist Claudia Comte creates new site-specific installation for the Contemporary Art Museum St. Louis

The Hall Art Foundation opens a group exhibition curated by American artist Eric Fischl

The Autry Museum opens the first major retrospective of Native contemporary artist Rick Bartow

Grosvenor Gallery exhibits new work by Pakistani artist Ghulam Mohammad

Parrasch Heijnen Gallery opens exhibition of works by Anne Truitt and Daniel Turner

Zevitas Marcus opens a 40-year survey exhibition of photographic montages by John O'Reilly

Denver Art Museum debuts first major exhibition featuring artist Jeffrey Gibson

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