All posts tagged Picasso


Michael Plummer comments on the Theodore Forstmann Collection for sale at Sotheby’s.


Inch for inch, Picasso’s work has appreciated more consistently than that of any other artist. A study by Artvest Partners of New York in September 2010 took five notable Picassos and calculated their compound annual growth rate as ranging between 15.88 and 30.23 per cent.

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“Sotheby’s did an excellent job in pulling off a successful sale in an unsettled time,” said Michael Plummer of art investment advisory Artvest Partners, “but you can’t separate the two auctions—it’s all one market. There is a sensitivity [right now], and confidence is easily lost.”

Amidst rumors that Picasso’s 1905 Garçon à la Pipe is for sale, we thought it would be interesting to speculate how the current market would react to the painting, which had a 6-year reign as the most expensive work of art ever sold at auction. The market for paintings by Picasso, in terms of both […]

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