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A late work by Pablo Picasso, a portrait of his second wife, sold for €3.4 million ($3.65 million) at an auction in Germany — significantly more than expected.
The auction house's evening sale on 5 June was the most successful in its history
A Van Ham's auction in Cologne included the first major Picasso offered in more than two decades, which sold for over the high estimate.
The late work by Pablo Picasso being auctioned in Germany, a portrait of his second wife, is estimated to sell for at least € 1.5 million ($1.6 million).
The late work by Pablo Picasso being auctioned in Germany, a portrait of his second wife, is estimated to sell for at least $1.6 million