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PABLO PICASSO (1881-1973)

Pablo Picasso Sale History

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PABLO PICASSO (1881-1973)
Item Details
Description
"Le Tricorne" mixed media on paper 16 x 16 inches. signed and dated 1919. framed. 15 x 15 inches (overall). A maquette for Picasso's largest work by the same title on exhibit at the New-York Historical Society, New York City. Provenance: Both my aunt and grandmother studied in Europe in the 1920's. My grandmother at the Sorbonne and aunt in England. My great aunt became a professor of English history at Rutgers and lived in New York City for decades. Each enjoyed collecting objects from their travels. My aunt collected rare books and art. Each led an interesting life with uncommon travels which was afforded to them through their uncle who owned mills in Maine. They were some of the first women to fly to Asia on a trip to buy silk with their uncle. This painting was discovered in a house owned by my great aunt which was passed down to her from her uncle in the late 1930s. The home was later inherited by my father and now me. There were several paintings kept in a closet for 50 years (including this example) which were left by her at the time of the passing of the house to my father and now to me.

TERMS OF AUTHENTICITY: The Seller and John McInnis Auctioneers, LLC believe this painting, Lot 384, in our June 26th Fine Art Auction as described in the auction catalog and is thought to be a maquette, or study, for the full scale curtain “Le Tricorne” currently on display at the New York Historical Society. This painting is a unique work of art, and is explicitly understood and warrantied to not be a print, lithograph or any such multiple works, but rather a unique mixed media on paper by Pablo Picasso with provenance of ownership dating back to the 1920’s. The auction house understands that a Buyer may want the opportunity to have the painting authenticated by THE CLAUDE PICASSO ADMINSTRATION and committee prior to completion of the transaction. Accordingly, the Buyer shall have a minimum of (120) days and up to an extended time of an additional (240) days once a plan is agreed upon by the buyer and the auction house for the authentication, following payment of the full purchase price to the auctioneer to be held in escrow. We fully understand that the Covid situation may affect the turn around and we will work with the purchaser on an agreed time frame to have this work authenticated. The Buyer assumes all costs associated with the authentication and shipping of this painting to and from The Claude Picasso Administration. If the verdict of the qualified experts at The Claude Picasso Administration is that the painting is not authentic, an acceptable written evidence of such decision, together with the painting in the same condition as it was when released for authentication, are presented to the auctioneer within the required time, the Buyer's purchase price shall be 100% refunded. Regardless of any escrow agreement between the consignor and John McInnis Auctioneers, LLC, the auction house agrees herein will be explicitly liable for 100% of the hammer price plus buyer’s premium to the buyer in the event that the lot does not receive a positive verdict from the Claude Picasso Administration that the work is an original and authentic and unique work painted by the hand of the Pablo Picasso. Receiving a verdict of authenticity from the Claude Picasso Authentication Administration will absolve John McInnis Auctioneers, LLC and the consignor of this work of any further liability regarding their warranty of authenticity.

Condition
Good
Buyer's Premium
  • 24%

PABLO PICASSO (1881-1973)

Estimate $40,000 - $80,000
Jun 26, 2021
See Sold Price
Starting Price $20,000
Shipping, Payment & Auction Policies
Ships from Amesbury, MA, United States
Local Pick-Up Amesbury, MA, United States
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John McInnis Auctioneers,LLC

John McInnis Auctioneers,LLC

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0384: PABLO PICASSO (1881-1973)

Sold for $150,000
7 Bids
Est. $40,000 - $80,000Starting Price $20,000
IMPORTANT FINE ART and COLLECTIONS AUCTION
Jun 26, 2021 11:00 AM EDT
Buyer's Premium 24%

Lot 0384 Details

Description
...
"Le Tricorne" mixed media on paper 16 x 16 inches. signed and dated 1919. framed. 15 x 15 inches (overall). A maquette for Picasso's largest work by the same title on exhibit at the New-York Historical Society, New York City. Provenance: Both my aunt and grandmother studied in Europe in the 1920's. My grandmother at the Sorbonne and aunt in England. My great aunt became a professor of English history at Rutgers and lived in New York City for decades. Each enjoyed collecting objects from their travels. My aunt collected rare books and art. Each led an interesting life with uncommon travels which was afforded to them through their uncle who owned mills in Maine. They were some of the first women to fly to Asia on a trip to buy silk with their uncle. This painting was discovered in a house owned by my great aunt which was passed down to her from her uncle in the late 1930s. The home was later inherited by my father and now me. There were several paintings kept in a closet for 50 years (including this example) which were left by her at the time of the passing of the house to my father and now to me.

TERMS OF AUTHENTICITY: The Seller and John McInnis Auctioneers, LLC believe this painting, Lot 384, in our June 26th Fine Art Auction as described in the auction catalog and is thought to be a maquette, or study, for the full scale curtain “Le Tricorne” currently on display at the New York Historical Society. This painting is a unique work of art, and is explicitly understood and warrantied to not be a print, lithograph or any such multiple works, but rather a unique mixed media on paper by Pablo Picasso with provenance of ownership dating back to the 1920’s. The auction house understands that a Buyer may want the opportunity to have the painting authenticated by THE CLAUDE PICASSO ADMINSTRATION and committee prior to completion of the transaction. Accordingly, the Buyer shall have a minimum of (120) days and up to an extended time of an additional (240) days once a plan is agreed upon by the buyer and the auction house for the authentication, following payment of the full purchase price to the auctioneer to be held in escrow. We fully understand that the Covid situation may affect the turn around and we will work with the purchaser on an agreed time frame to have this work authenticated. The Buyer assumes all costs associated with the authentication and shipping of this painting to and from The Claude Picasso Administration. If the verdict of the qualified experts at The Claude Picasso Administration is that the painting is not authentic, an acceptable written evidence of such decision, together with the painting in the same condition as it was when released for authentication, are presented to the auctioneer within the required time, the Buyer's purchase price shall be 100% refunded. Regardless of any escrow agreement between the consignor and John McInnis Auctioneers, LLC, the auction house agrees herein will be explicitly liable for 100% of the hammer price plus buyer’s premium to the buyer in the event that the lot does not receive a positive verdict from the Claude Picasso Administration that the work is an original and authentic and unique work painted by the hand of the Pablo Picasso. Receiving a verdict of authenticity from the Claude Picasso Authentication Administration will absolve John McInnis Auctioneers, LLC and the consignor of this work of any further liability regarding their warranty of authenticity.

Condition
...
Good

Contacts

John McInnis Auctioneers,LLC
978.388.0400
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Amesbury, MA 01913
USA
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