Picasso's 'Femme A La Montre' Painting Sells For More Than Rs 1,150 Crore
NDTV
Pablo Picasso's 1932 painting "Femme a la montre" sold for more than $139 million on Wednesday at a Sotheby's New York auction.
A Picasso painting was sold for more than $139 million (Rs 1159.26 crore) at an auction. This is the second-highest price ever paid for a Picasso painting. The painting, called "Femme a la montre," was estimated to sell for $120 million, but it went for even more. It was part of a collection of art that belonged to Emily Fisher Landau.
In 2015, a different Picasso painting, called "Les femmes d'Alger," sold for over $179 million.
The work is a standout of New York City's fall art auction season, seen by many as a bellwether for the art market. It went under the hammer as part of an estimated $400 million sale of the collection of the late philanthropist Emily Fisher Landau.
