UK & World News

  • 6 February 2013, 6:15

Picasso 'Golden Muse' Painting Sells For Millions

A Picasso painting has fetched more than £28.5m at auction.

The impressionist's 1932 piece, Femme Assise Pres†D'une Fenetre (Woman Sitting Near A Window), is a portrait of his "golden muse" Marie-Therese Walter.

Helena Newman, from Sotheby's, said: "We are delighted that this stunning and monumental portrait, which is part of the defining series that introduced his 'golden muse' to the public eye, fetched such a strong price.

"In recent years in particular we have witnessed the remarkable allure of Picasso's portraits of Marie-Therese to collectors, with La Lecture selling for†£25m - double its pre-sale estimate - in Sotheby's February 2011 sale, and Nature Morte aux Tulipes selling in Sotheby's November 2012 sale for $41.5m (£26.5m).

"This particular portrait is a striking and notably modern-looking work from one of the artist's most celebrated periods."

The painting sold for £28,601,250.

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