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Pablo Picasso (Spanish, 1881-1973), 'Buste de Femme d'apres Cranach le Jeune,' 1958, linoleum cut; Galerie Louise Leiris, pub., 25 1/2 x 20 7/8 inches. Price realized: $572,500. Leslie Hindman Auctioneers image.

Picasso linoleum cut hits $572,500 at Hindman art auction

Tom Hoepf
Tom Hoepf

Pablo Picasso (Spanish, 1881-1973), 'Buste de Femme d'apres Cranach le Jeune,' 1958, linoleum cut; Galerie Louise Leiris, pub., 25 1/2 x 20 7/8 inches. Price realized: $572,500. Leslie Hindman Auctioneers image.

Pablo Picasso (Spanish, 1881-1973), ‘Buste de Femme d’apres Cranach le Jeune,’ 1958, linoleum cut; Galerie Louise Leiris, pub., 25 1/2 x 20 7/8 inches. Price realized: $572,500. Leslie Hindman Auctioneers image.

CHICAGO – Leslie Hindman Auctioneers’ Modern Art auction May 13 was a success with international competition from hundreds of bidders in the salesroom, on the telephones and via the Internet. The auction, which featured important modern photographs, original contemporary works and a strong session of prints and multiples, grossed $2.85 million. LiveAuctioneers.com provided Internet live bidding.

The highlight of the sale was a Picasso titled Buste de Femme d’apres Cranach le Jeune, which realized $572,500, making it the most expensive unsigned Picasso linoleum cut ever sold at auction.

Some of the other highlights from the sale included an untitled Alexander Calder painting, which sold for $146,500, a Deborah Butterfield sculpture titled Doney, which brought $110,500, an untitled Barnett Newman etching, which sold for $107,500 and an untitled painting by Sam Francis, which brought $92,500.

Two photographs by Robert Frank also realized strong prices. One of his photographs titled Trolley, New Orleans brought $134,500, and another titled Hoboken realized $104,500.

The sale was preceded by a successful American and European Art auction, which grossed $2.02 million. Highlights of the sale included John William Godward’s Dolce far Niente, which realized $290,500 and William Tylee Ranney’s Haying Time, which brought $182,500.

Leslie Hindman Auctioneers’ next Modern and Contemporary auction will be held Sept. 24. The American and European Art auction will be held Sept. 23. Consignments are welcome through the end of July.

View the fully illustrated catalog Leslie Hindman Auctioneers’ Modern and Contemporary Art Auction May 13, complete with prices realized, at LiveAuctioneers.com.

Click here to view the fully illustrated catalog for this sale, complete with prices realized.

ADDITIONAL LOTS OF NOTE

Pablo Picasso (Spanish, 1881-1973), 'Buste de Femme d'apres Cranach le Jeune,' 1958, linoleum cut; Galerie Louise Leiris, pub., 25 1/2 x 20 7/8 inches. Price realized: $572,500. Leslie Hindman Auctioneers image.

Pablo Picasso (Spanish, 1881-1973), ‘Buste de Femme d’apres Cranach le Jeune,’ 1958, linoleum cut; Galerie Louise Leiris, pub., 25 1/2 x 20 7/8 inches. Price realized: $572,500. Leslie Hindman Auctioneers image.

Robert Frank (American, b. 1924), 'Trolley, New Orleans,' 1955, gelatin silver print, signed, 9 1/2 x 14 inches. Price realized: $134,500. Leslie Hindman Auctioneers image.

Robert Frank (American, b. 1924), ‘Trolley, New Orleans,’ 1955, gelatin silver print, signed, 9 1/2 x 14 inches. Price realized: $134,500. Leslie Hindman Auctioneers image.

Alexander Calder (American, 1898-1976), 'Untitled,' circa 1945, oil on canvas, 16 x 12 1/8 inches. Price realized: $146,500. Leslie Hindman Auctioneers image.

Alexander Calder (American, 1898-1976), ‘Untitled,’ circa 1945, oil on canvas, 16 x 12 1/8 inches. Price realized: $146,500. Leslie Hindman Auctioneers image.