The First Art Newspaper on the Net   Established in 1996 United States Monday, November 30, 2015

Christie's London Sale Hits Target as Unseen Picasso Sells for $13 Million
An employee poses for photographers in front of Pablo Picasso's ''Tete de femme'' painting at Christie's auction house in London. REUTERS/Stefan Wermuth.
LONDON (REUTERS).- Pablo Picasso once again proved his appeal to wealthy collectors when the artist's portrait of his second wife Jacqueline was the top lot at Christie's impressionist and modern art sale in London on Tuesday.

"Tete de femme (Jacqueline)", painted in 1963, fetched 8.1 million pounds ($13 million), around double its presale estimate of 3-4 million pounds. The sale price includes buyer's premium whereas the estimate does not.

The painting has not been seen in public since 1967 and has been in the same collection for nearly 30 years.

Jacqueline had an unusually short neck and it is said that Picasso would jokingly exaggerate its size in his portraits -- as in this elongated example.

The result helped the world's leading auctioneer raise 66.7 million pounds from the sale overall, according to provisional results on Christie's website, towards the top end of expectations of between 48.3-69.1 million pounds.

The total is further evidence of a relatively robust art market that has been less affected by the economic crisis than many experts had predicted.

The second highest price on the night was 7.1 million pounds paid for Dutch artist Kees van Dongen's "La Gitane" versus a pre-sale estimate of 5.5-7.5 million pounds.

Russian painter Natalia Goncharova's "Espagnole", offered at auction for the first time, was sold for 6.4 million pounds, above the high estimate of six million.

Christie's also held a surreal art sale on Tuesday which raised around 10.1 million pounds, within expectations of 8.2-11.7 million.

Rival auction house Sotheby's holds its impressionist and modern art sale in London on Wednesday. (Reporting by Mike Collett-White)

Christie's | Picasso | Natalia Goncharova |

Today's News

February 3, 2010

Christie's London Sale Hits Target as Unseen Picasso Sells for $13 Million

Exhibition Celebrates A Collector Who Transformed The National Gallery Of Art

Magnum Photos Announces Partnership with Michael Dell for Its Archive Collection

Internationally Acclaimed Artist Jeff Koons to Create BMW Art Car

Christie's Sale Presents Exciting Selection of Post-War & Contemporary Art

Photocollages at the Metropolitan Reveal Wit and Whimsy of the Victorian Era

Marika Rivera, Daughter of Artist Diego Rivera, Dies in England

Zach Feuer Gallery Presents Group Exhibition "Spontaneous Generation"

Freeman's Auctioneers to Sell Remainder Of Lehman Brothers Art Collection

Eli Klein Fine Art Focuses on Emerging and Established Chinese Contemporary Artists

MoMA will Host Opening Night Benefit for the Armory Show 2010

La Fabrica Galeria in Madrid will Show Work by Shirin Neshat

Museum Tinguely Pays Ttribute to the Basel Fasnacht

Florida Campus Restoration Revives Frank Lloyd Wright's Vision

Bidder Confidence Strong with English Decorative Arts and Russian Faberge

Hajj Terminal in Saudi Arabia Selected to Receive 2010 AIA Twenty-five Year Award

Leandro Erlich to Inaugurate New Series of Exhibitions at Museum of Latin American Art

Plains Art Museum to Acquire Rosenquist's The North Dakota Mural

National Endowment for the Arts Announces $25,000 Logo Design Competition

Tony Bennett Paints 2010 Jazz Fest Poster

Most Popular Last Seven Days

1.- First solo exhibition by the American artist Mickalene Thomas in Belgium opens at Galerie Nathalie Obadia

2.- Israel accidentally finds ancient mosaic that served as pavement for a courtyard in a villa

3.- The address of Johannes Vermeer's the Little Street discovered by Rijksmuseum curator

4.- The nine lives of Russia's Hermitage cats that root out unwanted guests: Rodents

5.- Robbers make off with masterpieces by Rubens and Tintoretto from museum in Verona

6.- 17th century letters at Museum of Communication reveal refugees 'sense of loss'

7.- New museum dedicated to the artist Mu Xin opens in Zhejiang Province, China

8.- Who are the most prolific art collectors in the US today?

9.- Rubens House brings newly discovered study for a portrait by Van Dyck to Antwerp

10.- "The Nude in the XX and XXI century" curated by Jane Neal opens at Sotheby's S/2 London

Related Stories

Christie's announces auction marking the first half century of the popular and luxurious interiors shop Guinevere

Christie's New York wraps 2012 with over $163 million in jewelry auction sales

Christie's sale of masterpieces formerly in the Collection of Monsieur and Madame Riahi realises $31.9 M

Christie's presents a week-long series of auctions devoted to magnificent jewels, watches, wine and design

Christie's Launches Spring 2011 Season of Post-War and Contemporary Art with First Open

Most Important Peploe Ever to Come to Auction Leads Scottish Colourist Paintings at Christie's

Extravagant Official Publishing Entreprise Leads Christie's Auction of Books and Manuscripts

Christie's Celebrates American Artistry and Craftsmanship with Exceptional Offerings

Christie's International Leads the Market for Watches in Europe, Asia, and the America's

Important 20th Century Decorative Art and Design Works Shine at Christie's New York

Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .


Ignacio Villarreal
Editor & Publisher:Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez
Social Network Manager and Translator: Norma Cristina Pérez Ayala Cano

Royalville Communications, Inc
Founder's Site. The most varied versions
of this beautiful prayer.
to a Mexican poet.

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful