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《TAIPEI TIMES》 Picasso artworks in Las Vegas fetch over US$100m

A woman takes a picture of Spanish artist Pablo Picasso’s Pierrot, left, next to Homme et enfant, before the start of a Sotheby’s auction of 11 works by Picasso from the MGM Resorts Fine Art Collection in Las Vegas, Nevada, on Saturday.
Photo: Ronda Churchill, AFP

A woman takes a picture of Spanish artist Pablo Picasso’s Pierrot, left, next to Homme et enfant, before the start of a Sotheby’s auction of 11 works by Picasso from the MGM Resorts Fine Art Collection in Las Vegas, Nevada, on Saturday. Photo: Ronda Churchill, AFP

2021/10/25 03:00

CLEARING UP SPACE: The auction was part of a push by MGM Resorts to diversify its art collection to include more art by minorities, women and disabled artists

/ Reuters

Eleven Picasso paintings and other works that helped turn Las Vegas into an unlikely destination for art were sold at auction on Saturday for more than US$100 million.

The Sotheby’s auction was held at the Bellagio hotel in Las Vegas, where the works had been on display for years, and took place two days before the 140th birthday of the Spanish artist today.

Five of the paintings had hung on the walls of the Bellagio’s fine dining restaurant, Picasso. The restaurant would continue to display 12 other Picasso works.

The highest price was fetched by the 1938 painting Femme au beret rouge-orange of Picasso’s lover and muse Marie-Therese Walter, which sold for US$40.5 million, about US$10 million over the high pre-sale estimate.

The large-scale portraits Homme et Enfant and Buste d’homme sold for US$24.4 million and US$9.5 million respectively, while smaller works on ceramic, like Le Dejeuner sur l’herbe, which sold for US$2.1 million, went for three or four times their pre-sale estimate.

The buyers’ names were not disclosed.

Saturday’s sale was part of a bid by casino and hotel group MGM Resorts to further diversify its vast collection to include more art from women, people of color and emerging nations as well as from LGBTQ artists and artists with disabilities.

US museums and art galleries have been working to broaden their collections in the wake of the widespread cultural reckoning last year over racism at all levels of US society.

A 2019 Public Library of Science study of 18 leading US museums found that 85 percent of the artists on display are white and 87 percent are men.

The MGM Resorts Fine Arts Collection boasts about 900 works by 200 artists, including modern pieces by Bob Dylan and David Hockney. It was started more than 20 years ago by Steve Wynn, former owner of the Bellagio and former chief executive of Wynn Resorts.

新聞來源:TAIPEI TIMES

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