paintings by Pablo Picasso became the most expensive painting in the world

A painting created by Pablo Picasso, can forecast the results set a new record for the most expensive work of art ever sold in the world.

Master painting titled "Les femmes d'Alger (Version" O ")", predicted to be the main idol in the auction held by Christie's on Monday (11/05/2015) in New York.

The auction house estimates that it would sell the painting for $ 140 million, or approximately USD 1.7 tiliun.

Indeed, Picasso's most famous paintings is getting high demand and are usually sold at a price which is higher than the estimates set.
Picasso is the main auction item at the contemporary art auction held on Monday (11/5) and Wednesday (13/5) future. According to Philip Hoffman, chief executive of Fine Art Fund Group, the auction will sell goods high class art with a total value of more than US $ 2.5 billion.

"The whole world art collectors will follow this auction, either by phone or come directly to New York. The painting is the best work of Picasso. His paintings are very large and impressive. It will be a real status for major collectors," explains Hoffman.

paintings by Pablo Picasso became the most expensive painting in the world

Currently, the most expensive artworks ever sold at an auction is Francos Bacon work entitled "Three Studies of Lucian Freud" at a price of US $ 142 million in 2013. Previously, the portrait consisting of three series was only predicted to sell for US $ 85 million

Moreover , the painting " Les femmes d' Alger " last sold for US $ 31.9 million at an auction in 1997 .

Since then , the painting was sold privately . However , Christie said , the owner of the Picasso painting that is still anonymous .

Picasso painted the painting in 1955 when friend and rival, Henri Matisse , the French impressionist died in 1954 .

According to Christie , Picasso spent two months on the project involving 100 studies on paper and 14 other paintings .

[ Source : money.cnn ]