The 1932 painting of secret ‘golden muse’ heralds first big lot of autumn with Warhol and Rothko works also up for sale
masterpiece of his “golden muse” is predicted to trigger a $120m -plus bidding war between billionaire art collectors on Wednesday night, in the first big lot of an autumn auction season that is expected to sell more than $2.5bn of art.The 1932 painting of Picasso’s secret lover, Marie-Thérèse Walter, was created during the artist’s explosive “year of wonders” as he prepared for his first large-scale retrospective in Paris at the age of 50 and is highly sought after by collectors.
The portrait was bought in 1968 by Emily Fisher Landau, one of the greatest art collectors of the 20th century. She hung it above the mantelpiece in the living room of heralmost 400 works to the Whitney Museum of American Art in 2010, where she had long been a trustee. A furtheron Wednesday and Thursday this week with a combined sales price expected to top £500m. Also up for sale are works by Ed Ruscha, Jasper Johns, Cy Twombly, Andy Warhol and Mark Rothko.
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