Picasso Blue Period Work Sells for $52 Million

Summary


LONDON - Pablo Picasso's "Portrait of Angel Fernandez de Soto," a work from the painter's Blue Period, has sold for nearly 35 million pounds ($52 million) at a London auction.

The winning bid of 34,761,250 pounds, from an anonymous bidder at an auction at Christie's Wednesday night, was in the middle of the estimated sale price of 30 million pounds to 40 million pounds, the auctioneer said.

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Picasso Blue Period Work Sells for $52 Million

One of Claude Monet's famous "Water Lilies" paintings - "Nymph...

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