Picasso’s Portrait of Nude Mistress-Muse to get approx. $21 Million

Pablo’s Picasso famous portrait of nude-mistress is expected to fetch approx. $21 million.

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Pablo’s Picasso famous portrait of nude-mistress is expected to fetch approx. $21 million.

The portrait was made after sheer focus on Marie-Thérèse Walter. The artist planned first decided to draw the naked body, one head, and then her breast. It was then painted in vibrant blue, green, and red colors to give it an abstract look.

Femme nue couchée au collier (Marie-Thérèse) (June 18, 1932) is expected to gain between £9 million and £15 million ($12.4 million and $20.7 million) on 20th Century Art Evening Sale on March 23 in London. The two portraits represent two distinct eras of Picasso’s life.

Walter’s inspiration as mistress and muse is indispensable in appreciating the impact of Picasso’s work in 1932. She appreciated his work with full magnitude and ferocity. The 16-square-inch Femme nue couchée au collier last sold at Christie’s in New York for $11.1 million, against an estimate of between $8 million and $12 million.

Paintings from this renowned series are housed in the Centre Pompidou in Paris, Musée Picasso in Paris, and The Metropolitan Museum of Art in New York.

The picture was painted in Le Tremblay-sur-Mauldre, France, a year after the Spanish Civil War broke out. The portrait took a lot of time to complete. Also on the block, March 23 are masterpieces by Jean Dubuffet, Fernand Léger, Max Ernst, Jean Fautrier, Joan Miró, and Alexander Calder, from a private French collection. The sale will feature a wide array of artists including Josef Albers, an American-German artist best known for his iconic color square paintings; German-British painter Frank Auerbach; German painter and sculptor Anselm Kiefer; Bridget Riley, a London-based painter regarded for her op-art paintings; and Gerhard Richter.