Current:Home > ScamsPablo Picasso painting that depicts his mistress expected to sell for $120 million at auction -×
Pablo Picasso painting that depicts his mistress expected to sell for $120 million at auction
View
Date:2025-04-15 13:39:20
A Pablo Picasso painting that depicts the late artist's mistress is expected to fetch a whopping $120 million at auction, according to a news release from Sotheby's. The auction house is selling the art collection of Emily Fisher Landau – and the Picasso piece is the standout.
The 1932 oil painting "Femme à la montre" depicts Marie-Thérèse Walter, who was known as Picasso's "golden muse" and appeared in several of his works.
Picasso and Walter met in Paris in 1927 when she was just 17. They kept their relationship a secret because of her age and because Picasso was married to Olga Khokhlova, a Russian-Ukrainian ballerina.
The painting was the first public exhibition of Picasso's love for Walter. One of its standout details is that Picasso painted Walter wearing a watch. He famously loved watches and "owned three of the greatest watches in existence," according to Southeby's. He depicted watches in just three of his major works and honored Walter by depicting her with one.
The painting was one of the first major art pieces New York art collector Fisher Landau acquired – and she bought it on the spot in 1968, according to Sotheby's. It once hung above her mantle in New York and is now being auctioned with about 120 other pieces she collected, including works by Henri Matisse, Mark Rothko and several others.
Some of her other pieces were bought by Fisher Landau's husband, Martin Fisher, after her jewelry was stolen. Fisher used the insurance money to buy his wife art, adding to her growing collection.
Fisher Landau's massive collection was put on display at her own museum, the Fisher Landau Center for Art in Long Island City, New York. Pieces from her collection have also been displayed at museums like the Whitney.
The collection will be on display at international exhibitions then go up for auction in New York on Nov. 8 and 9. In total, the auction is expected to rake in $400 million.
- In:
- Pablo Picasso
- Sotheby's
Caitlin O'Kane is a digital content producer covering trending stories for CBS News and its good news brand, The Uplift.
veryGood! (61371)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- Mississippi city council member pleads guilty to federal drug charges
- Bystander livestreams during Charlotte standoff show an ever-growing appetite for social media video
- Jessie James Decker Shares Postpartum Body Struggles After Welcoming Baby No. 4
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- Hope Hicks takes the stand to testify at Trump trial
- Person fatally shot by police after allegedly pointing weapon at others ID’d as 35-year-old man
- Wisconsin Supreme Court will decide whether mobile voting sites are legal
- Global Warming Set the Stage for Los Angeles Fires
- The Lakers fire coach Darvin Ham after just 2 seasons in charge and 1st-round playoff exit
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- NFL Network cancels signature show ‘Total Access’ amid layoffs, per reports
- Nick Viall Shares How He and Natalie Joy Are Stronger Than Ever After Honeymoon Gone Wrong
- US loosens some electric vehicle battery rules, potentially making more EVs eligible for tax credits
- Questlove charts 50 years of SNL musical hits (and misses)
- Safety lapses contributed to patient assaults at Oregon State Hospital, federal report says
- California man who testified against Capitol riot companion is sentenced to home detention
- Raven-Symoné Slams Death Threats Aimed at Wife Miranda Pearman-Maday
Recommendation
Israel lets Palestinians go back to northern Gaza for first time in over a year as cease
Colorado school bus aide shown hitting autistic boy faces more charges
California man who testified against Capitol riot companion is sentenced to home detention
Conception dive boat captain Jerry Boylan sentenced to 4 years in prison for deadly fire
The Best Stocking Stuffers Under $25
Bystander livestreams during Charlotte standoff show an ever-growing appetite for social media video
Alabama court won’t revisit frozen embryo ruling
Pregnant Francesca Farago Shares Peek at Jesse Sullivan’s & Her Twins