Picasso's La Lecture to go to auction
2nd February 2011
A portrait of the woman who changed the life and art of Spanish painter Pablo Picasso is to lead an auction of Impressionist and modern art next month.
La Lecture, in which the artist depicts Marie-Therese Walter, will go under the hammer at Sotheby's in London on February 8th with an estimated sale price of GBP 12 million to GBP 18 million.
Picasso first met Marie-Therese in 1927, when she was just 17, after the 45-year-old introduced himself by saying: 'I am Picasso! You and I are going to do great things together.'
Their subsequent relationship was kept secret for several years, due to Marie-Therese's age and the fact Picasso was still married to Olga Khokhlova, but was revealed to both his wife and the world in 1932 when La Lecture was displayed in public.
The Impressionist and modern art sale at Sotheby's will also see Picasso's Portrait d'Olga, Compotier et verres and Tete d'homme go under the hammer. Salvador Dali's Portrait de Paul Eluard, Les Tambours de la Mort by Rene Magritte and Claude Monet's Argenteuil, fin d'apres-midi are other works included in the auction.
Last year, Coca-Cola  Large Coca-Cola by pop artist Andy Warhol sold for USD 35.36 million (GBP 22.11 million) when it was put on auction at Sotheby's in New York.