Pablo Picasso's artworks are particularly famous among the art lovers of the world and his painting grace the walls of every...
Pablo Picasso's artworks are particularly famous among the art lovers of the world and his painting grace the walls of every major international art museum.
Considered to be Picasso's most seminal work, Femme Assise (1909) an early cubist painting was up for auction and sold for a whooping $63.4 Million at Sotheby's London Auction, the CNN reported.
Sotheby described the artwork as "the greatest cubist painting to come to the market in decades."
The painting is said to have broken all previous sales record and has become the most expensive cubist artwork to have been sold at an auction.
Experts are of the opinion that the painting depicts the artist's lover and model Fernande Olivier.
Sotheby's global co-head of impressionist and modern art department, Helena Newman says that the artwork is "extremely rare".
She explained that a vast majority of cubist art went to museums because Picasso's cubism has been since long considered groundbreaking not only for the artist himself but the then future of modern art.
The current owner first brought the painting at a Sotheby auction for $486, 000.
"I think what people are excited about is that sense of being upfront with Picasso at the very moment of his creative process. It's that sense of the potential of being able to have a piece of that moment of what defines Picasso," said Newman.