Wynn is parting with Picasso’s 1943 self-portrait in a striped sailor shirt, “Le Marin.” Estimated at about $70 million, it will be offered during Christie’s evening sale of Impressionist and modern art on May 15.
Sotheby’s top Picasso, to be offered May 14, is “Le Repos," a 1932 portrait of his lover estimated at $25 million to $35 million. The work fetched $7.9 million at auction in 2000, according to Artnet. The auction house also scored a 1905 gouache, “Famille d’Arlequin,” estimated at $12 million to $18 million. It sold for $9.8 million in 2007.
That’s a “value buy” compared to the Rockefeller nude, considering they were done the same year, said Brooke Lampley, vice chairman of Sotheby’s global fine arts division.
This article was provided by Bloomberg News.