On average, the cheapest Picasso painting costs around $120,000, while the most expensive could be up to $140 million. Every piece of art by Pablo Picasso is considered a masterpiece; therefore, these works cost a fortune, and they vary in price since they are generally sold at auction.
Picasso’s Painting Is The Most Expensive Painting Ever Sold
DATE: May 14, 2015 – This past Monday, Picasso’s “Women of Algiers (Version O)” sold at auction in New York for $179,365,000.
Picasso’s masterpieces are now in short supply and therefore getting increasingly expensive. This is especially true for paintings from his “Blue” and “Rose” periods, early Cubist works, and pieces that are intimately linked to the artist’s private life.
Masterworks Fine Art offers an easy, upfront and protected way to sell your Picasso artworks. Our gallery has been buying and selling works by Picasso, Warhol, Lichtenstein and other masters for decades.
The value of Picasso’s art has never faltered: the artist was able to sell works at high prices during his lifetime, and since his death in 1973 his pieces have continued to fetch huge sums.
Billionaire art dealer David Nahmad owns the world’s largest private collection of works by Pablo Picasso. David Nahmad poses in front of a colorful work by French-born American artist Arman. Picasso’s work has been a visual treat for the world. But to own one of his impeccable work is another story all by itself.
All it took was a little over 8 minutes to set the record price for a piece of art sold at auction. On May 4, Christie’s sold Pablo Picasso’s Nude, Green Leaves and Bust, a painting created in the span of a single day in 1932, for $106.5 million dollars.
It was acquired by King Francis I of France and is now the property of the French Republic. It has been on permanent display at the Louvre in Paris since 1797. The Mona Lisa is one of the most valuable paintings in the world.
Under French law, only individual heirs have inherited the moral right (or droit moral) to authenticate Picasso’s unique original works, as an artist’s descendants are assumed to have an inherent understanding of the artist’s works and are therefore entitled to issue certificates of authenticity.
Picasso made prints throughout his career — his first in 1899, when he was still a teenager; his last in 1972, when he was 90. Experimenting all the while, he produced some 2,400 prints in total, in a wide variety of techniques, most notably etching, lithograph and linocut.
Multiply the painting’s width by its length to arrive at the total size, in square inches. Then multiply that number by a set dollar amount that’s appropriate for your reputation. I currently use $6 per square inch for oil paintings. Then calculate your cost of canvas and framing, and then double that number.