Earlier this month an online raffle gave art admirers the opportunity to own their very own Picasso drawing for just $135. It might seem like a bargain, but with 50,000 raffle tickets available, the $1 million artwork could stand to raise $6.75 million in the end (with all proceeds going toward the preservation of the ancient city of Tyre).
That sum, however, doesn’t hold a candle to an upcoming sale of 29 Picasso artworks at Christie’s in New York City, heading to auction courtesy of the famed collector Jan Krugier. Including wood sculptures, minotaur sketches and portraits of Paloma, the bevy of Picasso masterpieces are set to hit the bidding block at the same time, with one lot alone boasting a $35 million high estimate.
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A Dialogue Through Art: Works from The Jan Krugier Collection, a two-part auction, will take place on November 4 and 5, 2013. Select pieces will be on view at Christie’s in New York City from October 12-27.
Pablo Picasso (1881-1973), La Minotauromachie, etching and engraving with scraper, executed on 1935. Estimate: $1,000,000-1,500,000
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