Wednesday, March 16, 2011

World's most pricey Picasso painting goes on first public

The world's most expensive painting by Pablo Picasso went on the first public display in London's Tate Modern gallery, Tate said in an statement on Monday.

Pablo Picasso's "Nude, Green Leaves and Bust" (on the right) 

The canvas Nude, Green Leaves and Bust was painted in 1932. It features Picasso's lover and muse, Marie-Therese Walter, whom he met five years prior when she was 17-years-old. Their passionate love affair inspired Picasso to capture Walter in his several pieces of art.

Picasso had sold the painting to the French art dealer, Paul Rosenberg in 1936, who subsequently sold it to the U.S. collectors, Sidney and Frances Brody in 1951.
Brody gave the painting for the pubic showcase just once to mark Picasso's 80th birthday in 1961.

An unknown private art collector bought the canvas at Christie's in New York in 2010 for the 66 million pounds ($106 million), the highest price for a painting ever sold at auction.

Tate Modern said the canvas, borrowed from its anonymous owner, could be seen in a new Pablo Picasso room.

"This is an outstanding painting by Picasso and I am delighted that through the generosity of the lender we are able to bring it to the British public for the first time," Tate's head, Nicholas Serota said in the statement.

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