Christie's Images LTD. 2018

In 2015, Pablo Picasso’s Les Femmes d’Alger (Version ‘‘O”) sold for a record $179.4 million. Now, another rare art piece from the Spanish artist has eclipsed the $100 million mark during an auction of 19th and 20th century art from the collection of David and Peggy Rockefeller at Christie’s on Tuesday, reports CNBC.

The painting, entitled, Young Girl with a Flower Basket, sold for $115 million including fees, and was placed in David Rockefeller’s Manhattan townhouse for decades.

The piece was initially sold by Picasso to famed writer Gertrude Stein, who lived in Paris in the early 1900s, and befriended many famous painters and writers. Rockefeller then eventually bought the piece from Stein’s estate in 1968.

Painted in 1905 from Pablo Picasso’s rare and vivid Rose Period, collectors have coveted the art piece, and estimates for the painting were suggested to fetch for $100 million or more.

In addition to the famed Picasso painting, works by Henri Matisse and Claude Monet also sold for eye-popping prices, ranging from $48.8 million to $80.75 million, as the week-long series sales of Rockefeller’s family art collection is estimated to reach $500 million or more.

For the full story, head on over to CNBC.

To view the entire collection, check it all out on Christie’s official website, as the first evening sale of the series totaled $646.1 million.

In other design news, these marble and gold art pieces are ultra luxe AF.

Words by Renz Ofiaza
Staff Writer

scribbling by day, architect by night

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