A Marie-Therese Painting by Picasso Achieves $67.5 million at Sotheby’s

in Arts and Entertainment

Works by impressionist and modern stalwarts Pablo Picasso, Claude Monet, and Paul Cézanne drove Sotheby’s modern auction on Tuesday night to a total US$408.5 million, a result the auction house said was its third highest for an evening sale.

Picasso’s portrait of his muse and lover Marie-Thérèse Walter, Femme nu chouchée, 1932, sold for US$67.5 million to a bidder in the saleroom, while Monet’s 1908 Venice scene Le Grand Canal et Santa Maria della Salute realized US$56.6 million and Cézzane’s Clairiere (the Glade), circa 1895—which was among works being sold by the Toledo Museum of Art in Ohio—realized US$41.7 million. All prices include fees.

Last week, Christie’s equivalent auction of 20th century art, including the Anne H. Bass’s collection, achieved US$831.3 million.

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