auction: May 2010 Archives

275x250.jpgA painting by Pablo Picasso of his blonde mistress has been sold at auction for a record setting $106m (£70m).

The rarely seen work 'Nude, Green Leaves and Bust' had belonged to an LA collector until the sale at Christie's New York yesterday.

Dating from 1932, the image showing the artist's mistress Marie-Therese Walter, was snapped up by an unnamed telephone bidder who had likely never seen it in person.

Since Nude, Green Leaves and Bust was last sold in the 1950s, the colourful image has only been on public display once in 1961.

Upon seeing the painting and hearing how much it sold for, many people will have commented, "Imagine what is would have been worth if it was a proper painting."




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