Art
This Spring, You Won’t Have to Be Rich to Own a Picasso
Works by the artist are coming to auction for just $5,000.
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When Pablo Picasso died in 1973, he left a chunk of his estate to his granddaughter, Marina Picasso. Included in her inheritance was La Californie, a colossal white villa in the south of France, along with millions of dollars’ worth of art.
She’s begun to sell some of that art, most notably in the auction Picasso in Private, which garnered a total of £12 million ($15.4 million) in February 2016 at Sotheby’s in London. On May 18, Picasso is putting an additional 111 of her grandfather’s artworks up for auction at Sotheby’s in New York, in a sale that’s expected to yield from $3.3 million to $4.7 million.