Picasso’s ‘The Rescue’ sells for $31.5M in NY; day after his Dora Maar portrait fetches $22.5M
NEW YORK, N.Y. – Pablo Picasso’s “The Rescue” sold for $31.5 million at auction in New York.
The colorful 1932 oil painting fetched far more Wednesday than its $14 million to $18 million estimated price.
“The Rescue” led the bidding Wednesday at a Sotheby’s sale of impressionist and modern art. The auction house sold 50 pieces, raising about $219 million.
It was the second straight night a painting by the Cubist master changed hands for a big price. Picasso’s 1942 painting of his mistress in a purple dress titled “Portrait of Dora Maar” sold Tuesday for $22.5 million at Christie’s.
Henri Matisse’s “Morning Session,” a 1924 oil of the artist’s assistant, Henriette Darricarrere, sold for $19.2 million. Claude Monet’s “Japanese Bridge” went for $15.8 million. His “On the Cliff at Pourville” netted $8.2 million.
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