Pablo Picasso Work Sells for $1.56m to Deliver a 3% Annualized Return
3 min read · 13 May 2025
Le Peintre (Tête). Image courtesy of Christie's
Pablo Picasso, Le Peintre (Tête) (1964) sold for $1.56m, more than the low estimate at Christie's in New York on May 13.
The sale beat the previous auction result for this work by $720,000, equivalent to an annualized return of 3%. It last sold at auction in 2008 for $842,500 at Christie's.
Oil on canvas, 41.0 x 33.0cm. The work has been traded 6 times in the past.
Sale Date | Price | Price Increase | Venue | City |
|---|---|---|---|---|
2025-05-13 | $1.56m | 85 % | Christie's | New York |
2008-11-06 | $842,500 | 312 % | Christie's | New York |
1995-11-28 | $204,400 | - | Sotheby's | London |
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