Picasso’s ‘Cigare’ Sells for $1.1 Million in Dull Sale – well, the action has started and this may be a sign that there is just too much product being offered … or it could be that the works were not very ‘fresh to the market’. We will find out as the week progresses.
The total sale of Krugier’s ‘collection’ was expected to bring $157.9-$224.5M and only garnered $92.5M (62 lots offered and 18 failed to sell) … and there were some big casualties.
“Tete” by Pablo Picasso
Failed to sell last night