Pablo Picasso’s “Seated Woman in a Blue Dress” has sold in New York for $45 million dollars, news agencies report. Says the BBC site:
It is one of the great Picasso portraits of his middle years, inspired—as so often—by love and by powerful sexual desire, BBC arts correspondent Vincent Dowd reports.
Judge for yourself. The real news here seems to be that it last sold six years ago for a mere $26 million, making this a very nice flip.
Correction: The painting sold for $45 million, not $45.
Author: Hallen Smith
Hallen Smith is a much beloved humorist, financial writer, and newspaper columnist. He specializes in such trivialities as Christmas newsletters and Philadelphia soft pretzels.