RM123mil for a Picasso painting
A Pablo Picasso painting depicting his young lover Marie-Therese Walter has sold for £25.2mil (RM123.42mil) at a London auction.
Sotheby's said the painting was bought by an anonymous buyer over the phone after some six-minute of heated contest among bidders on Tuesday.
The 1932 painting, called La Lecture, was expected to fetch up to £18mil (RM88.17mil).
The picture's selling price Tuesday included a premium of £2.7mil (RM13.22mil).
It shows Walter, Picasso's mistress and model for several paintings, asleep in an armchair.
Walter was 17 when she met Picasso. She had a daughter – Maya - with the artist.
Source: AP
Published Feb 11 2011
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An impending change and Choco
5 years ago
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