Picasso for New York Auction

Published September 27th, 2008


picasso.jpgPicasso’s Harlequin is to be offered at auction in New York. The painting is expected to fetch over $30 million when it is auctioned by Sotheby’s in November.

Emmanuel Di-Donna, of Sotheby’s, said it was one the “greatest” Cubists to be sold on the open market.

The painting was owned by Surrealist artist Enrico Donati, who died earlier this year, who is said to have bought the painting in Paris in the 1940s for $12,000.

Donati reportedly bought the Picasso in Paris in 1940 for 12,000 dollars.

The picture will be seen by the public for the first time in more than 45 years when it goes on view at Sotheby’s in London from 3-7 October.

It will then go on display at the Moscow Museum of Modern Art from 16-19 October and Sotheby’s New York from 29 October to 3 November.

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