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A famous painting created by Pablo Picasso in 1932 is being prepped for auction and fine art experts believe it could sell for more than $120 million.<\/p>\n
The painting, known as “Femme \u00e0 la Montre” in French or “Woman in Watch” in English, is now in the hands of the New York City-based fine art auction house Sotheby\u2019s, according to a press release obtained by FOX Business.<\/p>\n
If the pre-sale estimate holds true, Femme \u00e0 la Montre would become the second most expensive Picasso painting to sell at auction.<\/p>\n
ERNEST HEMINGWAY LETTER DETAILING INJURIES HE SUSTAINED IN 2 PLANE CRASHES SELLS FOR $237K<\/strong>\u00a0<\/strong><\/p>\nSotheby\u2019s New York is planning to sell the painting in November through a single-night auction.\u00a0<\/p>\n
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New York City philanthropist Emily Fisher Landau, a long supporter of the arts, attends the ‘Whitney Art Party: The Groundbreakers at Highline Stages’ on May 24, 2011.<\/span> (Andrew H. Walker\/Getty Images for Whitney Museum \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\nThe painting belonged to Emily Fisher Landau, an esteemed New York philanthropist, art collector and patron, who died in March at the age of 102.<\/p>\n
Femme \u00e0 la Montre is one of the 120 works that make up The Emily Fisher Landau Collection.<\/p>\n
Sotheby\u2019s New York will auction off the items on Wednesday, Nov. 8, and Thursday, Nov. 9, according to the company\u2019s news release.<\/p>\n
“Bidding for the Evening Auctions is conducted online, over the phone, and in-person,” a spokesperson for Sotheby\u2019s wrote to FOX Business via email.<\/p>\n
‘MICROSCOPIC HANDBAG’ REPORTEDLY ‘SMALLER THAN A GRAIN OF SEA SALT’ SELLS FOR $63,750<\/strong>\u00a0<\/strong><\/p>\nFisher Landau reportedly purchased Femme \u00e0 la Montre in 1968 when she first started her art collection, and the impressionist painting hung above the mantle in her New York home, according to Sotheby\u2019s.<\/p>\n
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Sotheby’s New York art handlers hang up Pablo Picasso’s ‘Femme \u00e0 la Montre’ painting, which was retrieved from the Emily Fisher Landau Collection, during an art unveiling at the Breuer Building in New York City on Sept. 11, 2023.<\/span> (Courtesy Sotheby’s \/ Fox News)<\/span><\/p>\n<\/div>\n<\/div>\nThe auction house noted the painting has a controversial history due to Picasso basing his painting on his muse and mistress, Marie-Th\u00e9r\u00e8se Walter, which reportedly ended his marriage to Russian-Ukrainian dancer Olga Khokhlova.<\/p>\n
Knowledgeable viewers of Femme \u00e0 la Montre recognized Walter\u2019s features in the painting, and that the French model was depicted wearing one of Picasso\u2019s “treasured watches,” according to Sotheby\u2019s.<\/p>\n
“\u2026when the retrospective of his work opened in June 1932, there could be absolutely no doubt as to who reigned \u2013 on canvas as in his affections,” Sotheby\u2019s wrote in its press release. “The truth was out, and Picasso\u2019s marriage with Olga was over.”<\/p>\n
‘STAR TREK’S’ 1ST-EVER COMIC SELLS FOR RECORD PRICE AT AUCTION<\/strong><\/p>\nSotheby\u2019s also noted that Femme \u00e0 la Montre is one of the “three major works” Picasso created that features a wristwatch.<\/p>\n
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Pablo Picasso stands by a green fern with folded arms, wearing a cashmere sweater and watch while in 1966 Mougins, France. He painted ‘Femme \u00e0 la Montre’ in 1932.<\/span> (Tony Vaccaro \/ Getty Images \/ Courtesy Sotheby’s \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\nThe Spanish painter had “deep passion for exceptional timepieces” and owned three high-end watched, according to Sotheby\u2019s.<\/p>\n
“To depict his young lover wearing one of his treasured watches was therefore to bestow on her the greatest of honors \u2013 a gesture not lost on Marie Th\u00e9r\u00e8se, who had \u2018an almost superstitious reverence\u2019 for the watch,” the auction house wrote. “At the same time, the presence of the watch nods to the centuries-old tradition of Vanitas painting, with its references to the transience of both love and life.”<\/p>\n
Sotheby\u2019s has sold several other Picasso paintings in the past, including “Boy With a Pipe” (“Gar\u00e7on \u00e0 la Pipe”), which sold for $70 million, “Dora Maar with Cat” (“Dora Maar au chat”), which sold for $95.2 million, and “Woman Wearing a Beret and Checkered Dress” (“Femme au B\u00e9ret et \u00e0 la Robe Quadrill\u00e9e”), which sold for $69.4 million.<\/p>\n
GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n Picasso\u2019s most expensive painting sold at auction, “Women of Algiers,” also known as “Les femmes d’Alger (Version ‘O’),” was sold in 2015 for $179.37 million by Christie\u2019s, a British auction house that has salesrooms across the globe.<\/p>\n<\/div>\n[ad_2]\n","protected":false},"excerpt":{"rendered":"
[ad_1] Check out what’s clicking on FoxBusiness.com A famous painting created by Pablo Picasso in 1932 is being prepped for auction and fine art experts believe it could sell for more than $120 million. The painting, known as “Femme \u00e0 la Montre” in French or “Woman in Watch” in English, is now in the hands …<\/p>\n","protected":false},"author":1,"featured_media":6849,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/6847"}],"collection":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/comments?post=6847"}],"version-history":[{"count":0,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/6847\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media\/6849"}],"wp:attachment":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media?parent=6847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/categories?post=6847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/tags?post=6847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}