Picasso’s painting sells for $ 45 million

Updated At : 06:05 AM May 18, 2017 IST

Femme assise, robe bleu, a painting by famed painting Pablo Picasso has been auctioned in New York for $ 45 million. The painting, which dates back to 1939, was confiscated by the Nazis when they occupied France in 1940.

The painting depicts Dora Maar, one of Picasso’s lovers. Picasso’s paintings have sold for substantial amounts—Les femmes d’Alger sold for $179 million, setting a record price for an artwork, and in 2004, “Garçon à la pipe” (1905) sold for $104 million.

Femme assise (1909), one of Picasso’s earliest Cubist paintings, sold for $ 63.4 million. —ANI

Picasso’s painting sells for $ 45 million

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