Picasso Steals the Show at The Collection of Peggy and David Rockefeller

  1. Jeremy
  2. May 11, 2018 11:01 am

Picasso Steals the Show at The Collection of Peggy and David Rockefeller

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The opening evening of The Collection of Peggy and David Rockefeller has garnered an incredible amount of interest globally, as the world’s art collectors await news about the most revered artists of the past 150 years.

Leading the impressive list was Picasso’s Young Girl with a Flower Basket, which was purchased for a staggering US$115 million, and formed part of the total $646m haul on opening day of the Rockefeller auction.

“This is not just a New York event,” said Jonathan Rendell, Christie’s deputy chairman. “It’s a world event. It is an exceptional sale.”

The exclusive private art collection took in over $646m in New York on Tuesday, with sales continuing over the course of the week. The 3-day event has some 1,600-items listed for auction and offers the chance of a generation for global collectors to purchase the most important art pieces that exist in private hands.

By the end, the auction is expected to raise US$1bn in total, the first of its kind to reach this number. All of the proceeds from the purchases will help selected charities that Peggy and David supported in their lifetime.


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