Pablo Picasso
A Pablo Picasso masterpiece expected to fetch at least $120 million (R2.25 billion) at auction went on show on Monday in Dubai. Image via Twitter @izzo_d

Home » Pablo Picasso masterpiece begins pre-auction tour in Dubai

Pablo Picasso masterpiece begins pre-auction tour in Dubai

A Pablo Picasso masterpiece expected to fetch at least $120 million (R2.25 billion) at auction went on show on Monday in Dubai.

26-09-23 10:11
Pablo Picasso
A Pablo Picasso masterpiece expected to fetch at least $120 million (R2.25 billion) at auction went on show on Monday in Dubai. Image via Twitter @izzo_d

Pablo Picasso masterpiece expected to fetch at least $120 million (R2.25 billion) at auction went on show on Monday in Dubai, kicking off a set of rare viewings outside the United States.

ALSO READ | Irma Stern’s painting sets a new record of a whopping R22.3 million

The 1932 portrait of Marie-Therese Walter, Picasso’s mistress and “golden muse”, is being exhibited for two days before heading to Hong Kong and London, a boon for the United Arab Emirates’ bid to establish itself as a cultural powerhouse.

The viewing “marks the first time a painting of this calibre by the world-renowned artist has ever been exhibited in the UAE”, Sotheby’s Dubai said in a statement, noting it is the first time the portrait had been shown outside the US in half a century.

“Over the years the UAE has earned the status of being a global art destination, which receives a further boost as this rare Picasso is unveiled here,” said UAE Culture Minister Sheikh Salem bin Khalid al-Qassimi.

ALSO SEE | ‘Very special to me’: Rasta honours Lucas Radebe with painting

The painting titled “Femme a la montre” will be sold in November as part of a two-day auction of late New Yorker Emily Fisher Landau’s prestigious collection.

Walter met Pablo Picasso in Paris in 1927, when the Spaniard was still married to Russian-Ukrainian ballet dancer Olga Khokhlova, and while Walter was 17.

Walter, whose daughter with Picasso passed away last year, was also featured in “Femme assise pres d’une fenetre (Marie-Therese)”, which sold in 2021 for $103.4 million by Christie’s auction house.

ALSO SEE | Rare Klimt painting returns to Austria after 60 years

Fifty years after his death in 1973 at age 91, Picasso remains one of the most influential artists of the modern world, often hailed as a dynamic and creative genius.

But in the wake of the #MeToo movement against sexual harassment and assault, the reputation of this workaholic with a vast output of paintings, sketches and sculpture has been tarnished by accusations he exerted a violent hold over the women who shared his life and inspired his art.

By Garrin Lambley © Agence France-Presse