A Pablo Picasso painting from the collection of Patsy and Raymond Nasher made $17.4 million at Sotheby’s auction house in New York.

Two late Picasso paintings and two Alberto Giacometti sculptures were sold at the impressionist/modern and contemporary art sale to benefit the endowment of the Nasher Sculpture Center.

Le Baiser (The Kiss), painted the day before Picasso’s 88th birthday in 1969, went for $17.4 million, the highest price ever paid at auction for a post-1960 Picasso painting.

“Picasso was one of those rare artists who sustained the creative vigor throughout the whole of his career,” said David Norman, co-chairman of impressionist and modern art for Sotheby’s.

The second Nasher-owned Picasso, L’Atelier, 1961-62, brought $6.48 million.

Related Articles

Matisse Painting Makes $33.6 Million

Picasso for New York Auction

Study for a Woman in Blue makes $39M at auction

Freud Painting Makes Over $33 million

Folk Art Painting makes $6.2million at Christies New York

Posted: 05|8|08 at 9:52 am. Filed under: US Auction News.