"L'Aubade" 1967 by Pablo Picasso could fetch as much as $25 million.
The work will be auctioned Nov. 2 as part of Sotheby’s Impressionist and Modern art sale, which also includes consignments from the Israel Museum, the Menil Collection and the Museum of Fine Arts, Boston. The evening’s star by pre-sale estimate is Gustav Klimt’s “Litzlberg am Attersee,” expected to bring more than $25 million.
The Picasso painting once belonged to Sydney Barlow, a California-based collector who founded the Gibraltar Savings & Loan Association and helped set up the Los Angeles County Museum of Art, Sotheby’s (BID) said. It last appeared at auction in 1979, fetching 49,000 pounds ($75,401) at Sotheby’s in London. Sources: bloomberg.com