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Picasso reaches £34.7m in Christie's auction

TRF_Cymro

Cymro The White
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A "blue period" Picasso has fetched £34.7m at auction in London.

The 1903 painting, Portrait of Angel Fernandez de Soto, was expected to fetch between £30m and £40m at the sale where total receipts could reach £230m.

That would smash a £147m UK record set by Sotheby's in London in February.

A Monet water-lily painting expected to fetch between £30m and £40m failed to sell at the Christie's event, which also featured works by Magritte and Van Gogh.

http://news.bbc.co.uk/1/hi/entertainment_and_arts/10396341.stm
 

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