Sotheby’s To Offer Picasso Masterpiece + Property from the Estate of George Embiricos
Sotheby’s is pleased to announce two important consignments for the upcoming auction season in New York: Pablo Picasso’s Nature morte aux tulipes (est. $35/50 million), a 1932 portrait of Marie-Thérèse Walter that will lead our Impressionist & Modern Art Evening Sale on 5 November; and property from the estate of Greek shipping magnate George Embiricos, whose legendary collection features important Contemporary, Old Master, Impressionist and Modern works.
Painted in March 1932, the year that is recognized as the pinnacle of Picasso’s near-century long production,Nature morte aux tulipes is one of the artist’s most powerful representations of his iconic muse. The work is a synthesis of the two main media – painting and sculpture – that Picasso utilized in depicting his young lover, in which he transforms her image into a divine object of adoration. Nature morte aux tulipes carries a pre-sale estimate of $35/50 million, and will be on view in Hong Kong from 4 – 7 October and in London from 10 – 16 October before returning to New York for exhibition beginning 1 November.
Sotheby’s will offer property from the estate of George Embiricos in a series of sales throughout fall 2012 and spring 2013. Highlights include: Francis Bacon’s Study for Head of Isabel Rawsthorne (est. $9/12 million), to be sold in the Contemporary Art Evening Auction on 13 November 2012 in New York; Portrait of Mariano Goya by Francisco de Goya (est. $6/8 million), which will lead the New York auction of Important Old Master Paintings on 31 January 2013; and a group of seven paintings, sculpture and works on paper by Paul Cézanne, Pablo Picasso, Henry Moore and others that will highlight the Impressionist & Modern Art Evening Sale on 5 November 2012 in New York. Works will be exhibited in Hong Kong, London and Doha this month, before returning to New York in November, and the entire offering is estimated to bring in excess of $30 million.
