Pablo Picasso to excite a robust market

L' Abaude

 " Christie's and Sotheby's hold their big autumn art sales in New York starting next week, with both houses looking to Pablo Picasso to excite a robust market.


The prominence of important works by Picasso, Matisse and other modern masters in the impressionist and modern art sales at Christie's on Tuesday and Sotheby's on Wednesday reflects the healthy appetite this year for big-ticket works, auctioneers said.


A strong market is also expected the following week when the two houses hold their contemporary art auctions.

Nu de dos

Simon Shaw, head of the modern and impressionist department at Sotheby's, said the offerings are "slightly bigger in the number of lots, (which) reflects perhaps an increased confidence."


A low estimate of $185 million is expected for the Wednesday sale, led by Picasso's playful and erotic "L'Aubade," estimated at US$18-25 million (S$22-31 million), and Henri Matissse's monumental bronze sculpture of a woman seen from the back, "Nu de dos," estimated at US$20-30 million."



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Viva el arte de Cabusri>Picasso takes lead in big New York art sales: