Picasso Painting Bags $51.2 Million at Auction
Pablo Picasso's "Portrait d'Angel Fernandez de Soto" sold for a staggering 347 million pounds -- that's $512 million for those of us in the dollar zone -- at a Christie's auction in London on Wednesday (continued).
Pablo Picasso’s “Portrait d’Angel Fernandez de Soto” sold for a staggering 34.7 million pounds — that’s $51.2 million for those of us in the dollar zone — at a Christie’s auction in London on Wednesday. Surprisingly enough, however, the overall auction wasn’t necessarily considered a roaring success despite overall numbers that look pretty recession-proof from where we sit. –KA
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The painting lent its moody tone to Christie’s £152.6 million ($226.5 million) evening sale of Impressionist and modern art. The overall total nearly quadrupled the house’s $60.4 million sale last June, but the sale felt deflated because 16 of its offerings went unsold. These included a Claude Monet waterlily work, “Nympheas,” that was expected to sell for over £30 million along with works by Kees van Dongen, Marc Chagall, Paul Klee and Balthus.
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To add insult to lethal injury, Zimmerman responded to questions on how Trayvon Martin's family might feel about the gun auction by criticizing their parenting. To add insult to lethal injury, Zimmerman responded to questions on how Trayvon Martin's family might feel about the gun auction by criticizing their parenting.
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