The cash-strapped Metropolitan Museum dumped a spare Picasso last year for $48.5 million.
The Upper East Side museum auctioned off the 1909 bronze “Head of a Woman” — considered Picasso’s first cubist sculpture — realizing about $42 million once Christie’s, which conducted the sale, took its cut. The buyer was not disclosed.
The sculpture was one of two in the museum’s collection, the first donated more than 25 years ago in a bequest by Florence Schoenborn, an art collector and former board member, and the second by Estee Lauder heir Leonard Lauder in 2013.
Home United States USA — Art The Metropolitan Museum of Art sells Picasso’s first cubist sculpture for $48M
The Metropolitan Museum of Art sells Picasso’s first cubist sculpture for $48M