HONG KONG — Pablo Picasso’s 1909 cubist artwork “Femme assise” is seen fetching over $43 million when it goes under the hammer in London next month, auction house Sotheby’s said on Friday.
“It’s a painting that last appeared on the market in 1973,” Simon Stock of Sotheby’s said at a preview of the painting in Hong Kong. “Expectations are that this June … when it comes back to auction … it may make in excess of 30 million pounds ($43.9 million).”
The painting will be on offer as part of Sotheby’s “Impressionist & Modern Art” sale on June 21.