Wednesday, May 7, 2014

Picasso's 'The Rescue' auctioned for $31.5M

FILE – In this May 2, 2014 file photo, two women examine the sculpture, La Place, by Alberto Giacometti during a preview exhibition for Sotheby's Spring Evening Sale of impressionistic and modern art, in New York. The spring auction season in New York began Tuesday at Christie's and shifts to Sotheby's Wednesday May 7, 2014, the second major art auction in the city in two days, with four sculptures and an oil painting by Giacometti among the items up for bid.(AP Photo/Julie Jacobson, File) NEW YORK (AP) — Pablo Picasso's colorful 1932 oil painting "The Rescue" sold for $31.5 million at a New York auction Wednesday, far exceeding its $14 million to $18 million estimate.








via Entertainment News Headlines — Yahoo! News
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