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A portrait by Pablo Picasso of his second spouse Jacqueline Roque offered for a hammer worth of €3.4m at Van Ham in Cologne, greater than twice the low estimate and a document for the public sale home.
The Swiss collector who received the bidding, paid €4.35m together with fee, the very best worth reached at a German public sale to this point this 12 months. The 1971 oil consigned by a non-public German assortment, Buste de femme, was estimated to reap between €1.5m and €2.5m. Fifteen worldwide bidders took half within the sale by phone, based on the public sale home.
In a press release, Van Ham mentioned its night sale on 5 June was essentially the most profitable in its historical past, with whole income of €13.9m. Different big-ticket gross sales included Günther Uecker’s 1990 White Cry, which fetched €501,000; a 1967 summary composition by Serge Poliakoff, which offered for €698,500, Hans Hartung’s 1947 portray T1947-27, which as soon as belonged to Peggy Guggenheim and offered for €698,000, and Max Pechstein’s 1920 oil portray Dialog, which went for €737,000.
The document for a piece offered at a German public sale is held by a 1944 Max Beckmann self-portrait that offered for a hammer worth of €20m at Villa Grisebach in Berlin in December final 12 months.
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