UPI en Español  |   UPI Asia  |   About UPI  |   My Account
Search:
Go

Picasso painting sells for nearly $22M

|
 
Published: June 22, 2011 at 5:13 PM

LONDON, June 22 (UPI) -- Pablo Picasso's "Jeune Fille Endormie," a 1935 painting seen only once before in public, has sold for nearly $22 million at a London auction, Christie's said.

The BBC said the portrait of the artist's lover Marie-Therese Walter was expected to sell for between $14 million and $20 million.

The piece was donated anonymously to the University of Sydney, with the stipulation the school use the money from its sale for scientific research.

The university's Dr. Michael Spence told the BBC it was a "very generous and far-sighted gift."

"We are grateful for their extraordinary generosity and delighted with the outcome of the auction," Spence said.

Topics: Pablo Picasso
© 2011 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
Join the conversation
Most Popular Collections
'Star Trek Into Darkness' screening NBC upfronts Met Ball 2013
'Great Gatsby' premieres in New York Spire raised on top of One WTC 2013: Celebrity break ups and divorces
Additional Entertainment News Stories
1 of 16
Flags-In Ceremony at Arlington National Cemetery
View Caption
Staff Sgt. Jeffrey Roskos with the 3rd U.S. Infantry Regiment, "The Old Guard," participates in the annual Flags-In ceremony, May 23, 2013, at Arlington National Cemetery in Arlington, Virginia. Soldiers place American flags in front of more than 260,000 gravestones in the cemetery in honor of Memorial Day. UPI/Kevin Dietsch
fark
Are we there yet? No. Are we there yet? No. Are we there yet? No. Are we there yet? Are we there...
America F' yeah -- buy this guy a cigar and a whiskey ... yeah ... at a 107 this old dude can probably...
Photoshop this man and his magnificent mask
How to fill out that Taco Bell job application like a BOSS
An abandoned runway in the French countryside, a daring Frenchman sits astride his home built bicycle....
Moore, OK to well-wishers: Please, no more socks and underwear, we have enough to last 20 lifetimes....