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Picasso Painting sets record sale price ($106.5 Million at auction)
Los Angeles Times ^ | 05/05/2010 | Jori Finkel

Posted on 05/05/2010 11:45:02 AM PDT by SeekAndFind

His 1932 portrait 'Nude, Green Leaves and Bust' fetches $106.5 million.

Some mistresses are more valuable than others. On Tuesday night, Christie's New York sold Pablo Picasso's bold 1932 portrait of his lover Marie-Thérèse Walter, "Nude, Green Leaves and Bust," for $106.5 million, making it the most expensive artwork ever sold at auction.

"I think the Picasso illustrates what has been true in good and bad economic times — the very best works of art continue to sell at a premium," said Marc Porter, chairman of Christie's Americas. He said the nine bidders active after the opening bid of $58 million "came from all over: Asia, the U.S., and Europe, including the former Soviet republic."

At press time, the buyer, who had placed the winning bid of $95 million (which, including buyer's fees, amounts to $106.5 million) by telephone, was not identified.

The painting came from the estate of Frances Brody, the Los Angeles arts patron who died last year at age 93. Her husband Sidney, a real estate developer, died in 1983. The estate consigned this Picasso to Christie's along with some 80 other artworks. The most valuable pieces, including sculptures by Alberto Giacometti, went up for auction Tuesday night; the remainder are slated for Wednesday morning.

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: auction; painting; picasso

PABLO PICASSO's "NUDE, GREEN LEAVES AND BUST" SELLS FOR $106.5 Million
1 posted on 05/05/2010 11:45:04 AM PDT by SeekAndFind
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To: SeekAndFind

That is a rip roaring pile of dookie.....art is in the eye of the beholder.


2 posted on 05/05/2010 11:47:58 AM PDT by shankbear (Al-Qaeda grew while Monica blew)
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To: SeekAndFind

I guess this is one way to “Bernanke-proof” your portfolio.


3 posted on 05/05/2010 11:50:32 AM PDT by mlocher (USA is a sovereign nation)
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To: SeekAndFind
I'll stick with Smiths , Colts , and Winchesters .
4 posted on 05/05/2010 11:50:47 AM PDT by kbennkc (For those who have fought for it , freedom has a flavor the protected will never know F Trp 8th Cav)
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To: shankbear

My neighbor does artwork very similar to this picasso. She is in the third grade.


5 posted on 05/05/2010 11:51:02 AM PDT by shelterguy
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To: mlocher

Bingo. Easy to transport, sell privately, no register, serial number, etc....


6 posted on 05/05/2010 11:52:26 AM PDT by Leisler
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To: Leisler
Bingo. Easy to transport, sell privately, no register, serial number, etc....

Now that I have your trust in my being a prudent investor, do you have some cash, say about $106.5M or so, that you could lend me for a few years?

7 posted on 05/05/2010 11:55:43 AM PDT by mlocher (USA is a sovereign nation)
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To: shelterguy
My neighbor does artwork very similar to this picasso. She is in the third grade.

Maybe she can change her name to Picasso and sell a million bucks ( and then change her name back after she's made enough ) :)
8 posted on 05/05/2010 11:56:22 AM PDT by SeekAndFind
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To: SeekAndFind

Picasso will die a very rich man...


9 posted on 05/05/2010 11:57:41 AM PDT by VanDeKoik (Iran doesnt have a 2nd admendment. Ya s ee how that turned out?)
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To: VanDeKoik
Picasso will die a very rich man...

Tell that to poor Vincent Van Gogh...
10 posted on 05/05/2010 11:59:24 AM PDT by SeekAndFind
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To: SeekAndFind

OOOOoogly.


11 posted on 05/05/2010 12:13:29 PM PDT by Uncle Miltie ("young people, African-Americans, Latinos and women" - 0. Ageist, Racist, Sexist.)
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To: SeekAndFind

The more I look at Picasso, the more I think he was a highly talented but nasty S.O.B. Those distortions of his mistress turn her into an object to be exploited, which is, I think, how he saw all of his women.


12 posted on 05/05/2010 12:19:54 PM PDT by Cicero (Marcus Tullius)
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To: shelterguy
"My neighbor does artwork very similar to this picasso. She is in the third grade."

Picasso painted this when he was 15...

He did this portrait of his mother the same year...

He is also quoted as having said, "As a child, I could paint like Raphael, but it took a lifetime to paint like a child."

13 posted on 05/05/2010 12:20:38 PM PDT by Joe 6-pack (Que me amat, amet et canem meum)
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To: Joe 6-pack
Thank you for that bit of information. I know little of art and all I know of Picasso is the paintings that he did that he seems to be known for, like the one this article is about.
14 posted on 05/05/2010 12:25:16 PM PDT by BBell
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To: Cicero
The more I look at Picasso, the more I think he was a highly talented but nasty S.O.B. Those distortions of his mistress turn her into an object to be exploited, which is, I think, how he saw all of his women.

I wonder if you'd like Salvador Dali then. His wife, Gala Dali has been seen as the model in his numerous paitings.

Here she is for instance in his famous painting, GALARINA :



I wonder how much Dali's paintings would sell for if they have been auctioned.
15 posted on 05/05/2010 12:30:26 PM PDT by SeekAndFind
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To: BBell
He had pretty much mastered representation art early in his youth. He saw the rest of his life basically as an exploration of new directions. Vain, eccentric, misogynist to be sure, but genius nonetheless, who was capable of rendering art of incredible skill and emotional content...


16 posted on 05/05/2010 12:32:25 PM PDT by Joe 6-pack (Que me amat, amet et canem meum)
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To: VanDeKoik

p died in 1973.


17 posted on 05/05/2010 12:39:32 PM PDT by ken21 (i am not voting for a rino-progressive.)
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To: Cicero

I hear that he’d take his models out before a session and get them shift-faced.


18 posted on 05/05/2010 12:50:11 PM PDT by Erasmus (Looks like we're between a lithic outcropping and a region of low compressibility.)
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To: SeekAndFind
Salvador Dali is one of my favorite artists. I like to view his paintings while wearing my double lens ant filled glasses.

FMCDH(BITS)

19 posted on 05/05/2010 1:59:39 PM PDT by nothingnew (I fear for my Republic due to marxist influence in our government. Open eyes/see)
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To: shelterguy
My neighbor does artwork very similar to this picasso. She is in the third grade.

This reminded me of an episode of the old B/W sitcom "Adams Family" where Picasso was hired to give daughter Wednesday art lessons. Turns out Mortitia had hired local artist "Sam" Picasso, not Pablo. Sam was freaked by Wednesday's thematic choices and attempted to escape. But Lurch faithfully brought him back. Does anyone remember Lurch's iconic line?

20 posted on 05/05/2010 2:24:07 PM PDT by nonsporting
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To: SeekAndFind

The value of such a painting is sustained by mutual desire and paid in a generally-agreed-on abstraction called “money”.


21 posted on 05/05/2010 2:24:19 PM PDT by RoadTest (Religion is a substitute for the relationship God wants with you.)
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To: nonsporting

You Rang????

AHHHHHHGGGGG


22 posted on 05/05/2010 2:54:22 PM PDT by Airwinger (Semper Fi, Time to use that motto for our Constitution. (ALWAYS FAITHFUL!))
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To: SeekAndFind

No, I find Dali more amusing than great, but my reaction to that portrait is that he likes her. There’s a lot of brutality in many of Picasso’s portraits. He had a habit of picking up mistresses and dropped them. And it’s not surprising that he sometimes portrays himself as a minotaur or bull.


23 posted on 05/05/2010 3:23:11 PM PDT by Cicero (Marcus Tullius)
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To: ken21

Lol! Oh I knew that. ;)


24 posted on 05/05/2010 6:07:04 PM PDT by VanDeKoik (Iran doesnt have a 2nd admendment. Ya s ee how that turned out?)
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To: Joe 6-pack
Somehow I don't think I should be taking anything about art serious from someone called “Joe 6-pack”. I would think you would know more about The Velvet Elvis than Picasso. /sarcasm alert
25 posted on 05/06/2010 12:33:50 AM PDT by BBell
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To: BBell
"I would think you would know more about The Velvet Elvis than Picasso."

Actually, my tastes are a little more refined than that. I'm more of a "Poker Dogs" man...


26 posted on 05/06/2010 5:39:37 AM PDT by Joe 6-pack (Que me amat, amet et canem meum)
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To: SeekAndFind

This one brought 4 million last November at Christies.

27 posted on 05/06/2010 5:46:52 AM PDT by Utah Binger (Mount Carmel Utah, 20 Miles North of Fredonia Arizona)
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To: Joe 6-pack
I should have known you were more of a Poker Dog fan.


28 posted on 05/06/2010 1:02:41 PM PDT by BBell
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