22 June 2016

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Sotheby’s Achieves New Record Price For Picasso Cubist Work Of Art

Sotheby’s evening sale of Impressionist & Modern Art in London has totalled £103,280,000 (est. £81.8 – 98.95m). Almost two thirds of the works offered in the sale had been off the market for over 30 years. Participation from 29 countries (slightly higher than June 2015 sale) Sell-through rate: 88.9%  Pablo Picasso’s Cubist masterpiece Femme Assise achieved the highest bids eventually […]

25 June 2013

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Picasso Cubist Painting Held In International Embezzlement Case

The Department of Justice in Washington has ordered restraint on the 1909 Pablo Picasso painting “Compotier et tasse” – estimated to be worth $11.5 million – on behalf of the Italian government. This action follows an investigation by U.S. Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations (HSI). The restraining order was obtained in response […]