Picasso ‘coming’ to NYC in major exhibit; 2 rare works will be sold

By AP
Wednesday, April 14, 2010

Picasso ‘coming’ to NYC, in exhibit, auction

NEW YORK — Pablo Picasso is “coming” to New York — in a major new exhibition this month and two auctions in May.

For the first time in its history, the Metropolitan Museum of Art is putting all its Picasso paintings, drawings, sculptures and ceramics on display. “The Actor,” a work accidentally damaged at the museum, has been restored and will be included. The exhibit opens April 27.

And auction powerhouses Sotheby’s and Christie’s will offer two rare Picassos not seen on the market in decades.

Christie’s “Nude, Green Leaves and Bust” is estimated to bring $70 million to $90 million May 4. Sotheby’s “Femme au Chapeau, Buste” that belonged to a sister of President John Kennedy will be sold May 5. It’s estimated to sell for $8 million to $12 million.

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