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Pablo Picasso's 'The Rescue' auctioned for $31.5 million in New York

New York: Pablo Picasso's “The Rescue” sold for $31.5 million at auction in New York.The colourful 1932 oil painting fetched far more Wednesday than its $14 million to $18 million estimated price.“The Rescue” led the

India TV News Desk [ Updated: May 08, 2014 10:23 IST ]
pablo picasso s the rescue auctioned for 31.5 million in
pablo picasso s the rescue auctioned for 31.5 million in new york

New York: Pablo Picasso's “The Rescue” sold for $31.5 million at auction in New York.


The colourful 1932 oil painting fetched far more Wednesday than its $14 million to $18 million estimated price.

“The Rescue” led the bidding on Wednesday at a Sotheby's sale of impressionist and modern art. The auction house sold 50 pieces, raising about $219 million.

It was the second straight night a painting by the Cubist master changed hands for a big price. Picasso's 1942 painting of his mistress in a purple dress titled “Portrait of Dora Maar” sold on Tuesday for $22.5 million at Christie's.

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