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Sotheby’s to Sell Picasso Pottery

Sotheby’s to Sell Picasso PotterySotheby’s to Sell Picasso Pottery

Pablo Picasso’s granddaughter Marina will sell 70 of the artist’s ceramics and sculptures, as well as about 110 drawings, in a sale at Sotheby’s in London on February 5.

The sale carries an estimate of $10.5 million to 14.8 million, according to the Wall Street Journal, which first reported the news of the sale.

Picasso’s pottery is among his lesser known works, but demand for the pieces has been steadily growing in recent years, artnews.com reported.

A trove of 126 ceramic pieces, likewise put up for sale by Marina Picasso, had a 100% sell-through rate during a day sale at Sotheby’s in London last June (the batch totaled $2.1 million). The current record for a Picasso ceramic piece was set last year at $1.9 million.

Some of the works will debut at Sotheby’s New York headquarters next week, as part of an exhibition of the auction house’s London sales.

 

Financialtribune.com