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Picasso nude portrait fetches $67M at Sotheby's auction

A nude portrait by Pablo Picasso brought in over $67 million US at Sotheby's on Thursday, a day after the auction house sold $377 million worth art from the estate of its late former owner.

Other Sotheby's auction highlights include works by van Gogh, Monet

Pablo Picasso's The Night Club Singer, created during his Blue Period, sold for $67,450,000 US at Thursday night's auction. (Richard Drew/Associated Press)

A nude portrait by Pablo Picasso brought in over $67 million US at Sotheby's on Thursday, a day after the auction house sold $377 million worth art from the estate of its late former owner.

The fall art auction season got underway Wednesday evening with Sotheby's selling 77 works from the A. Alfred Taubman collection. The auction house said nearly 90 per cent of the works were sold.

At a day sale Thursday, Sotheby's featured an additional 122 additional works from the Taubman collection.

The auction house estimated the total value of the Taubman collection at $500 million.

On Thursday evening, Sotheby's offered impressionist and modern artworks from other collections including the van Gogh. The highlights of the evening sale were:


During a 2000 conservation, experts discovered a bawdy picture of Picasso's art dealer Pere Manach and an inscription to him on the reverse of his 1901 painting The Night Club Singer. (Richard Drew/Associated Press)

The Nightclub Singer, by Pablo Picasso.

Sold for $67,450,000. Pre-sale estimate: $60 million.

Notable: The 1901 nude portrait painted in oil is from Picasso's Blue Period. It has the added allure of having a second picture on the reverse side, a discovery made during a 2000 conservation. It depicts a bawdy picture of Picasso's dealer, Pere Manach, and includes an inscription indicating it was intended as a gift to him. The seller was billionaire businessman William Koch, a 1992 America's Cup winner and brother of conservative political donors Charles and David Koch.


Vincent van Gogh created Landscape Under a Stormy Sky a year before his death. (Sotheby's/Associated Press)

Landscape Under a Stormy Sky, by Vincent van Gogh.

Sold for $54,010,000. Pre-sale estimate: $50 million to $70 million.

Notable: The current van Gogh auction record is $82.5 million. The painting depicts a meadow under threat of a storm and was created in 1889 two months before van Gogh painted his most celebrated work, The Starry Night, and a year before his death.


After spending 50 years in a museum, Kazimir Malevich's Mystic Suprematism (Black Cross on Red Oval) was later given to the artist's heirs. (Richard Drew/Associated Press)

Mystic Suprematism (Black Cross on Red Oval), by Kazimir Malevich.

Sold for $37,770,000. Pre-sale estimate: $35 million to $45 million.

Notable: The 1920-1922 painting was given to the artist's heirs after residing in the Stedelijk Museum in Amsterdam for 50 years.


French artist Claude Monet's beloved garden in Giverny was the inspiration for this 1908 oil on canvas Water Lilies painting. (Richard Drew/Associated Press)

Water Lilies, by Claude Monet.

Sold for $33,850,000. Pre-sale estimate: $30 million to $50 million.

Notable: Monet's beloved garden in Giverny, France, is the inspiration for the 1908 oil on canvas, a subject he painted often. The work also was owned by Koch.

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