Auction Christie's: Impressionism and modern art, May 6, 2009

[Евгений]

Later portraits of Pablo Picasso became the top lots of successful auctioneers Christie's, dedicated to Impressionist and modern art.
"The features of both portraits have some similarities with the features of the artist himself," - said the trading house, introducing the work.
Musketeer with a Pipe ", dating from the year 1968, was sold Wednesday night for 14.624 million dollars during the preliminary Estimé 12-18 million dollars. In 2004, the same canvas was sold at auction Christie's for 7.2 million dollars.

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Another work of Picasso - "Woman in the hat" from the collection of Julian Schnabel, director and designer, was the second-price auction lot. Although the picture painted two years before his death, sold below estimate - for 7.754 million dollars during the pre-sale evaluation of 8.12 million dollars.
Perhaps the organizers and owners were impressed by "disappointment" that experienced on the eve of the trading house Sotheby's, where the top lot of the auction - a portrait of Picasso's daughter Maya, estimated at 16-24 million dollars, investors seemed overrated and did not find a buyer.

Picasso remains the most expensive artists in the world - his "Boy with a Pipe" in 2004 was sold for 104.2 million dollars.

Trades brought to Christie's nearly 103 million dollars in pledges in advance expectations of earnings at the level of 94 million dollars.
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The results of the auction http://www.christies.com/LotFinder/s...d-519b23798164
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Pablo Picasso (1881-1973)
Mousquetaire à la pipe
signed 'Picasso' (upper right); dated and numbered '17 .10.68 I '(on the reverse)
oil on canvas
57 5 /8 x 35 1 /8 in. (146.5 x 89.3 cm.)
Painted 17 October 1968
Price Realized (Set Currency) $ 14,642,500
Price includes buyer's premium
Estimate $ 12,000,000 - $ 18,000,000
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Tamara De Lempicka (1898-1980)
Portrait de Madame M.
signed 'T. DE LEMPICKA' (upper right)
oil on canvas
39 3 /8 x 25 ½ in. (99.5 x 64.8 cm.)
Painted in 1932
Price Realized (Set Currency) $ 6,130,500
Price includes buyer's premium
Estimate $ 6,000,000 - $ 8,000,000