The roof and the wall – Picasso finds a new home

In the days where financial havoc is the norm one thing seems to be clear – iconic, substantial art holds it’s value. As kindly reported by the New York Times, Christies auction on Thursday revealed that Fine Art can be more than the roof it is housed under.

Picasso Nude Green Leaves sets 2010 auction record

Nude Green Leaves, and Bust, a 1932 painting by Pablo Picasso.

Take a peak at the article documenting the journey of Picasso’s 1932 Nude. At $106 million it garnered almost 4 times the value of it’s now former home. Does this mean that all art is investment grade – hardly. Yet selected wisely and with guidance your chances are greatly improved.

A recommendation from GALLERY M related to this sale would be the works by Picasso’s paramour, Francoise Gilot.

Author: Mason Hayutin

Founder, Editor and contributing writer, Mr. Mason Hayutin is recognized for his depth of experience and knowledge in technology, energy economics, and the arts (fine and visual). Having worked with recognized world class artists and their estates since 1997, Mason brings a wealth of practical experiences from installations, marketing and private sales.

An active business advocate, he successfully released the fine art documentary film LUBIE LOVE in 2009 ahead of the global auto crisis – in addition to maintaining his tenure as Vice President of GALLERY M INC. Hayutin holds a degree in Economics from Washington University in St. Louis. You can read his insight here at The Art Quarterly as well as in regional and national publications.

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