Unseen Picasso masterpiece sells for £8m
A Picasso masterpiece unseen in public for 43 years fetched more than twice its expected price at auction when it sold for £8.1 million.
Tete de Femme (Jacqueline), a 1963 portrait of the artist's second wife, had not been seen in public since 1967 and was expected to fetch £3 million to £4 million, Christie's said.
The portrait had never been offered at auction and had remained in the same collection since 1981.
It was the the most talked-about lot of a string of masterpieces by Picasso, Renoir and Matisse which went on sale on Tuesday.
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Tete de Femme (Jacqueline), a 1963 portrait of the artist's second wife, had not been seen in public since 1967 and was expected to fetch £3 million to £4 million, Christie's said.
The portrait had never been offered at auction and had remained in the same collection since 1981.
It was the the most talked-about lot of a string of masterpieces by Picasso, Renoir and Matisse which went on sale on Tuesday.