Code:
64866
Picasso painting sells for $67.5 million at New York auction
'Femme nue couchée' is a surrealistic depiction of his muse Marie-Thérèse Walter
Iranart:The 1932 Pablo Picasso painting "Femme nue couchée" sold for $67.5 million on Tuesday at its auction debut at Sotheby's in New York, the most recent large sale at auction for blue-chip art.
The eight-digit sale price comes a week after Andy Warhol's 1964 silk-screen portrait of Marilyn Monroe fetched $195 million at Christie's, setting a record for a work by an American artist sold at auction.
Auction house Sotheby's had predicted the Picasso painting, a surrealistic depiction of his muse Marie-Thérèse Walter, to sell in excess of $60 million. Tuesday's price falls short of other portraits of Marie-Thérèse, one of which fetched $103.4 million at Christie's last year.