Pablo Picasso Work Sells for $139,700 to Deliver a 2% Annualized Return

Pablo Picasso, Pichet à lampe (Visage découpé) (1954) sold for $139,700, more than one and a half times the low estimate at Christie's in New York on November 17.

The sale beat the previous auction result for this work by $27,200, equivalent to an annualized return of 2%. It last sold at auction in 2017 for $112,500 at Christie's.

White earthenware ceramic pitcher, partially engraved, with colored engobe, black oxide and glaze. The work has been traded 3 times in the past.