LIVE from Las Vegas | Picasso: Masterworks from the MGM Resorts Fine Art Collection

[Music] foreign [Music] [Applause] [Music] [Applause] do [Applause] [Applause] [Music] [Applause] [Music] foreign [Music] [Applause] [Music] [Applause] [Music] [Applause] [Applause] [Music] do [Music] hmm do [Applause] [Music] so [Applause] [Applause] this collection is big it's bold it's electrifying and las vegas is the perfect place to be hosting an event of this caliber in historical importance this is truly an opportunity for collectors across the world to buy a piece of history this kind of material just doesn't come to the market it's incredibly rare in a lot of ways the story of this collection is the story of picasso we couldn't be more excited to be partnering this october with mgm resorts on a very unique and special sale of picassos from the mgm resorts collection it must have been such an extraordinary experience for people to come to the picasso restaurant and be able to sit and have dinner amongst this compendium of works from picasso's entire lifetime the picasso restaurant is such a fixture of the bellagio and these paintings and ceramics are so well known by guests so they have their own iconic stature within las vegas lore ranging from 1917 to 1969 these 11 works really give an encyclopedic view of picasso's work and the diversity of his output over the course of his career [Music] one of the highlights of the picasso sale is picasso's femme beret rouge orange this magnetic portrait of marie therese walter from 1938 this is in fact one of the last portraits that picasso did of marie therese in 1935 picasso met doramar and had concurrent relationships with marie therese and dora which right around this time dora eclipses marie therese almost permanently in picasso's portraiture but here for almost the very last time he really celebrates marie therese's sinuous curvilinear romantic features the palette is quite signature marie therese you have the yellow which he often used with her body and then you have the purple and the collar which is a permutation of a lavender that he very often used in his portraits of her it's really exciting to have these two wartime still lifes in this collection of works he's painting these works during the nazi occupation of paris and so by virtue of the occupation he's working indoors he had to transform his vocabulary and really look to the qutidian again for meaning he's fragmenting the subject again using a really dramatic and dynamic compositional design it feels explosive [Music] certainly the two most looming pillars of this collection are the two late oils boost dumb and um eon font these are both painted in 1969 the sort of height of his late career almayan font is almost 80 inches tall nothing of this scale has really been on the market save for maybe five or six examples in the last 30 years the last painting of comparable size musketeer lapip sold for over 30 million dollars tripling its low estimate there's this aura to on my own font that's absolutely incredible when you're standing in front of it it envelops you feel like you can walk right into it and you see every brush stroke you see the action behind his painting boost dumb is well over 50 inches in scale and here you see picasso referencing old masters like velasquez there's this clear connection to the musketeer and that was a very very important subject for picasso for him the musketeer was a superhero they look frankly like they were painted yesterday it's amazing not only how perfectly preserved these paintings were but they have this incredible freshness and immediacy that you really only get from 1960s picasso when he's working with such incredible confidence and is able to work in a way that's totally uninhibited [Music] in 1917 you have the pro and this is an exquisite example of picasso as a draftsman this is unique within these 11 works showing him not as somebody who was a master of his own style but was a master of academic drawing as good as anyone in the world and then on the other side you have this work on paper which is done also with ink but also gouache in 1967. he's working with a lot of different media he's kind of dabbing gouache and watercolor and getting this very deep very complex surface to be innovative and to experiment the true highlight amongst the ceramic works in this group is a work that picasso made in 1962 based on mayonnaise designer certalab this painting was created a hundred years prior and was truly revolutionary at the time in part because it was so two-dimensional here we're looking at an object that while its surface is rather flat picasso has incised into it and painted on top of it and created a real dimensionality it's both a sculpture and it's a painting picasso in 1946 goes to a town called voloris in the south of france this was a location where picasso truly reinvented himself we have a vaz we have a tile and we have these small floor tiles that would have been used throughout france at the time and picasso takes each of these basic prefabricated forms and reinvents it through a little bit of remodeling and some in sizing and also coloration most of these works they come from his estate and only entered the market years after he died [Music] this is an opportunity in a small capsule to really learn so much about picasso engaging with this collection interfacing with it experiencing it seeing it in person reading about it is a fabulous introduction to picasso as an artist and to his market i think what's so exciting about this group is that we see examples of picasso's genius from every major period in his career we see history playing out over a century in europe through this artwork and it's all been selected to hang together in this public space in las vegas [Applause] [Music] so [Music] [Applause] [Music] [Applause] [Music] this collection is big it's bold it's electrifying and las vegas is the perfect place to be hosting an event of this caliber in historical importance this is truly an opportunity for collectors across the world to buy a piece of history this kind of material just doesn't come to the market it's incredibly rare in a lot of ways the story of this collection is the story of picasso we couldn't be more excited to be partnering this october with mgm resorts on a very unique and special sale of picassos from the mgm resorts collection it must have been such an extraordinary experience for people to come to the picasso restaurant and be able to sit and have dinner amongst this compendium of works from picasso's entire lifetime the picasso restaurant is such a fixture of the bellagio and these paintings and ceramics are so well known of i guess so they have their own iconic stature within las vegas lore ranging from 1917 to 1969 these 11 works really give an encyclopedic view of picasso's work and the diversity of his output over the course of his career [Music] one of the highlights of the picasso sale is picasso's family rouge orange this magnetic portrait of marie therese walter from 1938. this is in fact one of the last portraits that picasso did of marie therese in 1935 picasso met duramar and had concurrent relationships with marie therese and dora which right around this time dora eclipses marie therese almost permanently in picasso's portraiture but here for almost the very last time he really celebrates marie therese's sinuous curvilinear romantic features the palette is quite signature marie therese you have the yellow which he often used with her body and then you have the purple and the collar which is a permutation of a lavender that he very often used in his portraits of her it's really exciting to have these two wartime still lifes in this collection of works he's painting these works during the nazi occupation of paris and so by virtue of the occupation he's working indoors he had to transform his vocabulary and really look to the quotidian again for meaning he's fragmenting the subject again using a really dramatic and dynamic compositional design it feels explosive [Music] certainly the two most looming pillars of this collection are the two late oils boostdum and um eonfont these are both painted in 1969 the sort of height of his late career a mayon font is almost 80 inches tall nothing of this scale has really been on the market saved for maybe five or six examples in the last 30 years the last painting of comparable size the musketeer la peep sold for over 30 million dollars tripling its low estimate there's this aura to on my own font that's absolutely incredible when you're standing in front of it it envelops you feel like you can walk right into it and you see every brush stroke you see the action behind his painting boost dumb is well over 50 inches in scale and here you see picasso referencing old masters like velasquez there's this clear connection to the musketeer and that was a very very important subject for picasso for him the musketeer was a superhero they look frankly like they were painted yesterday it's amazing not only how perfectly preserved these paintings were but they have this incredible freshness and immediacy that you really only get from 1960s picasso when he's working with such incredible confidence and is able to work in a way that's totally uninhibited [Music] in 1917 you have the pro and this is an exquisite example of picasso as a draftsman this is unique within these 11 works showing him not as somebody who was a master of his own style but was a master of academic drawing as good as anyone in the world and then on the other side you have this work on paper which is done also with ink but also gouache in 1967. he's working with a lot of different media he's kind of dabbing gouache and watercolor and getting this very deep very complex surface to be innovative and to experiment the true highlight amongst the ceramic works in this group is a work that picasso made in 1962 based on mayonnaise de janet certainly this painting was created 100 years prior and was truly revolutionary at the time in part because it was so two-dimensional here we're looking at an object that while its surface is rather flat picasso has incised into it and painted on top of it and created a real dimensionality it's both a sculpture and it's a paint picasso in 1946 goes to a town called voloris in the south of france this was a location where picasso truly reinvented himself we have a vaz we have a tile and we have these small floor tiles that would have been used throughout france at the time and picasso takes each of these basic prefabricated forms and reinvents it through a little bit of remodeling and some incising and also coloration most of these works they come from his estate and only entered the market years after he died [Music] this is an opportunity in a small capsule to really learn so much about picasso engaging with this collection interfacing with it experiencing it seeing it in person reading about it is a fabulous introduction to picasso as an artist and to his market i think what's so exciting about this group is that we see examples of picasso's genius from every major period in his career we see history playing out over a century in europe through this artwork and it's all been selected to hang together in this public space in las vegas [Applause] [Music] [Applause] [Music] do [Applause] [Music] so [Music] hmm [Music] [Music] so [Music] good evening ladies and gentlemen and a very very warm welcome from sotheby's my name is oliver barker and i'm coming to you this evening from the spectacular setting of the bellagio resort and casino right in the heart of the world famous las vegas strip tonight's sale marks a very special occasion for the very first time we've taken our storied new york sales room on the road and recreated the evening cell experience here in las vegas for this unique auction celebrating pablo picasso which also happens to coincide with the artist's 140th birthday just two days on from now on the 25th of october tonight's auction picasso masterworks from the mgn resorts fine art collection brings together a remarkable group of 11 works by the iconic artist spanning his entire career and showcasing the many media he explored across more than six decades of creative genius as the name implies each of these works are hitting the auction block from the renowned mgm resorts fine art collection where they have remained for the last 20 years the auction comes as mgm resorts reshapes its public fine art portfolio deepening its focus on diversity and inclusion as part of this weekend celebrating art luxury and culture tomorrow we will present a special auction icons of excellence and oat luxury which will take place at mgm's aria just down the strip the sale is dedicated to the finest luxury objects spanning watches jewelry automobiles handbags sneakers and much much more just before we get into tonight's picasso auction a few housekeeping notes as your auctioneer i may open the bidding on any lot by placing a bid on behalf of the seller i may further bid on behalf of the seller up to the amount of the reserve by placing responsive or consecutive bids for a lot as noted condition one of the conditions of sale everything is sold under the terms of guarantee and on an as is basis further as noted in condition 11 of the conditions of sale you are responsible for a state and local taxes where applicable unless you're exempt from these by law buyer's premium and overhead premium will be added to the hammer price of each lot to be offered and applicable sales tax is paid on the aggregate of these three figures as part of the total purchase price payable please note the buyer's premium rate is as follows 25 percent of the successful bid price up to and including 400 thousand dollars twenty percent on the amount above four hundred thousand dollars and up to and including four million dollars and thirteen point nine percent on any amount in excess of four million dollars the overhead premium fee will be charged at one percent of the hammer price the hammer price buyer's premium and overhead premium sales exclude applicable taxes for those who are intending to bid please note the following there is a guarantee on each of the lots in tonight's sale and there is some irrevocable bids on the following lot numbers that's three eight and nine and now ladies and gentlemen the moment we've all been waiting for we can begin with lot number one the first of the ceramics the finetre de l'atelier de la california is the scene from picasso's studio at the california the artist's home in canada overlooking the sea which is painted on wonderful ceramic tile and relates to a suite of paintings on the subject from the same period it's showing here on my left ably above all of my colleagues so great to be with all of you here in las vegas and without further ado ladies and gentlemen i'm gonna start here at ten thousand dollars at ten thousand dollars twenty thousand dollars now twenty thousand thirty thousand forty thousand dollars and forty thousand dollars fifty thousand in the room at fifty thousand sixty thousand ahead of me now sixty thousand dollars any more sixty thousand say seventy sir sixty thousand seventy thousand i'll take eighty thousand i have already in the book with me at eighty thousand ninety thousands might be you say one more sir i have a hundred already ahead of you here julian take ten one hundred and ten thousand clears my bid at 110 000 here with julian dawes head of the impressions to modern art department in north america at one hundred and ten thousand dollars here it is with julian 110 120 your bid sir with a paddle 120 125 so give me 30 please 130 is spit in the room sir thank you very much indeed it's 130 here 130 0135 in a new place thank you sir 135 now give me 40. 140 000 as business against you now sir 140 000 say five at 140 thousand 145 again thank you sir 150 now against you at 150 000 and looking for five sir at 150 thousands in a new place now it's on my right to 155 000 it's the three of you in the room here 160 000. i'll take you here on the aisle sir 160 thousand dollars gentlemen seating now 160 say five at 160 thousand dollars straight ahead of me here 160 hundred and 165 thousand he's back at one hundred and seventy thousand dollars thank you very much sir 170 and i'll take five from you sir this time at 170 000 170. 170 thousand dollars against you here sir at 170. gentlemen seated it's your bedside see you clearly 170 000 against you in the middle as well so you want to come in again at 170 thousands against you here sir say one more at 170 thousands against you on the telephones julian and on this side the hammers coming up on the first lot 170 000 this historic auctions your bid sir anybody else and selling fair warning at 170 thousand dollars thank you sir it's yours congratulations thank you very much indeed thank you so much and we'll get your paddle number if one of our bit spotters could please get the paddle a bit that'd be terrific thank you very much indeed and we're gonna move on ladies and gentlemen to lot number two next of course this is the uh igbizage a prime example of the ways in which picasso explored different ceramic techniques in the post-war period playing with expand and experimenting with paint and engraving the clay surface in a variety of different ways delighted to have this ceramic here of course showing up here in fact it's delightful to have all of the works that we're selling this evening with us in the room a great rarity for us to have everything here um and i'm going to start the bidding here at only ten thousand dollars ten thousand dollars ten thousand twenty thousand thirty thousand now thirty thousand dollars any more thirty thousand dollars thirty thousand forty thousands your bid sir forty thousand dollars at forty thousand dollars fifty thousand thank you brooke and welcome at fifty thousand dollars give me sixty subs fifty thousand dollars sixty thousands ahead of you there seventy thousand seventy five thousands with my commission bid at seventy five thousand against the parity eighty thousand is uh uh ben spitter here at eighty thousand clears my book at eighty thousand dollars what a bid at eighty thousand dollars here at eighty thousand dollars still with ben at eighty thousand dollars anyone else eighty thousand dollars eddie five thousand he's back again at eighty five thousand gentlemen there seated thank you sir at eighty five thousand ninety thousand is bid at ninety thousand on this side with ninety five thousand you heard it it's here at ninety five thousand dollars it's with benjamin dollar chairman of americans at sotheby's one hundred thousand thank you gregor chairman of contemporary art at sotheby's at one hundred thousand one hundred and five thousand thank you it's against you both again it's in the room 110 is bad give me 15. 15 sir 120 now at 120 000 125 thank you sir at 125 000 gentlemen seated again at one hundred and twenty five thousand one hundred and thirty thousand one thirty five at one hundred and thirty five thousand dollars against you gregoire in the room again at 135 140 000 is bid now 140 say five sir 145 thousands back with the gentleman again it's in the room here at the bellagio 145 000 150 000 is bid now 155 000. thank you sir at 155. not yours craig this time 155 160 000 now 175 i took it here 175 ahead of you brooke here at 175 000 thank you sir at what two hundred thousand dollars want to try 20 sir i'll take 10 then from you sir you've been so loyal been a great supporter at 200 000 give me 10. at 200 000. enjoy the champagne i'll come back to you soon at two hundred thousand dollars there it is two hundred thousand dollars on my right hand side and against you greg here at two hundred thousands brooklyn please bidder at two hundred thousand brooke chairman of world by head of sales global fine arts here 210 000. thank you very much indeed greg 210 20 is going to be next 225 thank you with brooke again at 225 000. here it is with brook lampley at 225 coming in alejandra sure at 225 000. 230 000 now 230. at 230 240 thousand dollars here thank you brooke at 240 000 now and against the room this time feel free to come in anytime you like 240 thousand it's an interactive event at 240 thousand dollars he's got the trick i want the rest of you to get it as well i will take it from you gregoire 245 thousand dollars here at 245 000 give me 50. 245 000 still with gregoire at 245 250 000. thank you brooke 250 now gregoire what have we got at 250 thousand dollars here on this side with brooke still at 250 000 against you in the room are you out sir at 250 000 and selling fair warning sir last chance at 250 000. thank you anyway and you're brooke it's yours at 250. thank you very much indeed it's paddle number 34 [Music] congratulations brooke thank you very much indeed and ladies and gentlemen of course we move on to uh the techdom lot number three a powerfully expressive portrait constructed from loosely applied strokes of gouache and ink wash which picasso created in the summer of 1967 during an intense period of focus on works on paper this extraordinary work showing on my right of course here it is signed picasso and dated the 3rd of august 1967 wonderful thing great great scale and i'm going to start the bidding here at one million one hundred and fifty thousand dollars at one million one hundred and fifty thousand one million two hundred and fifty one million two hundred and fifty thousand one million three hundred and fifty thousand at one million three fifty one million four hundred and fifty thousand it's your bid julian one million four hundred and fifty thousand and one million four hundred and fifty jillion dollars one million five hundred and fifties your bids are up front here one million five hundred and fifty thousand give me one million six hundred and fifty one million would say sixer yes one million six hundred thousand it's a new place in the room at one million six one million seven hundred thousand is against you now one million seven hundred thousand one million eight you heard it here at one million eight give me nine sir add one million eight hundred thousand dollars with brooke or one eight against a pair of you one million eight hundred thousands against you julian here too one million eight all four of you at one million eight hundred thousand dollars say nine sir at one million eight hundred thousand looking to you as well sir at one million eight still with brooke at one million eight hundred thousand on this side i'll let you think one million at one million eight hundred thousand say no on this side this wonderful gouache this great sheet of paper and one million hundred thousand there it is with brooklyn play one million eight hundred thousand and against you sir one million i'll take 50 from you at one million eight hundred thousand and same for you one million eight hundred thousands brooks bitter it's against the rescue i'm gonna sell it here fair warning you out sir at one million eight hundred thousand thank you anyway and selling it's here i'll wait for you greg though of course one million eight one million eight hundred and fifty thousand at one million eight fifty still with gregoire at one million eight hundred and fifty thousand looking for one million nine now let's try nine we've come a long way physically and literally at one million eight hundred and fifty thousand you out at one million eight hundred and fifty thank you anyway brooke thank you very much he wants to take it home and selling fair warning at one million eight hundred and fifty thousand dollars thank you very much indeed it's paddle number 24 thank you thank you so much gregoire congratulations and lot number four the last of the the sales works the ceramic works by pablo picasso moving on of course the digital another of picasso's experiments uh of painting on ceramic with the work inspired by manet's phenomenal 19th century masterpiece of the same name and the only unique ceramic produced at this scale in the influential subject which captures picasso's attention uh in the early 1960s of course here it is looking absolutely radiant as it did also in the pre-sale exhibition wonderful work here showing on my left do you want to do this for me we're starting a lot now ladies and gentlemen at one hundred thousand dollars at one hundred thousand two hundred thousand five hundred thousand this bit already at five hundred thousand six hundred thousand thank you six hundred seven hundred thousand i heard in the room at seven hundred thousand eight hundred thousand is my bit at eight hundred thousand dollars any more than eight hundred thousand dollars still with a commission bid at 800 000 say 900 thousand dollars 900 000 is yours julia for now at 900 thousand dollars you're being mad at 900 000. at 900 thousand dollars one million dollars thank you very much indeed in the room and one million dollars there here in the room at one million dollars here any going on at one million one million one hundred thousand is back with alejandra one million one hundred thousand dollars thank you here one million one give me two please at one million one hundred thousand on this side alejandro rossetti's bid senior vice president business development in miami at one million one hundred thousand here it is and against you sir in the room at one million one say two at one million one hundred thousand dollars now at one one at one million one hundred thousand dollars one million one hundred thousand dollars at one million one hundred dollars one million two hundred thousand thank you sir one million two hundred thousand against you now out of hundreds the gentleman's bid a one-two one million two hundred fifty thousand give me three sir one million three hundred thousand at one million three now at one three it's in the room again at 1 million 300 000 thank you sir it's your bid now at 1 million 300 000 gentlemen seated here at the room here at the bellagio again the mgm bellagio it's your bid so for now this wonderful world the very last chance these works are going to be seen together there's another bit over here three hundred and fifty thousand all in the room now one million three fifty give me four sir one million four hundred thousand back with you again flip-flopping between the sides of the room thank you very much one million four hundred thousand gentlemen uh seated there give me five at one million four hundred thousand this side one million four want to save 50 at one million four hundred thousands your bid sir at one million four hundred thousands against you on the telephones here alejandra would say one more added one million four hundred thousand dollars one million four hundred and fifty thousand it's against you sir this time one million five hundred thousand thank you very much one million five hundred thousand gentlemen seated here again one million five hundred thousand this side my right one million five hundred thousand dollars and it gets you further back at one million five hundred thousand gentlemen here at one five you're bidding up front no at one million five hundred thousand dollars just checking at one million five hundred thousand yes do you wanna come in again sir one million five hundred thousand dollars all right at one million five the gentleman on this side thank you for your patience sir one million five hundred thousand dollars and against you there at one five and against you on this side alejandra are we out sure at one million five hundred thousand fair warning to you sir it's not selling on this side are you out at one million five i think he's thinking about this one give me 50. at 1 million five very last chance no problem take your time at 1-5 still with the gentleman here thank you sir for your patience coming in again one million one million five hundred and fifty thousand this bit one million five hundred and fifty thousand it could be six sir one million six thank you very much indeed at one million six hundred thousand dollars now one million six alejandra give me 650 please one million six hundred thousand gentlemen seated here we offer you a glass of champagne sir or maybe something stronger at one million six hundred thousand there it is one six wanna say fifty it's with the gentleman seated here at 1 million 600 000 i'm going to sell it fair warning at 1 million six say 50. here it is 1.6 million on this side 1 650 000. try seventeen it's here on this side one million six hundred and fifty thousands with alejandra rossetti on this side of the room at one million six hundred and fifty thousand dollars here and against you sir tricep at one million six fifty it's pretty good and rare at one million six hundred and fifty thousand here it is sir hammond's coming up one million six fifty you answer fair warning now and selling on this side last chance for one million six hundred and fifty thousand one million seven hundred thousand thank you just in time sir thank you very much eddie thank you for coming at one million seven hundred thousand that was getting pretty dramatic alejandro at one million seven hundred thousand here it is gentlemen spit again at one million seven hundred thousand gives you a chance i wanna come in again at 50 at one million seven hundred thousands in the room and it's against you sir and it's against you alejandra i'm gonna have to hurry you here at one million seven hundred thousand dollars i wanna sell it now fair warning now at one seven alejandra what do they say c at one million seven give me five okay thank you very much indeed one million seven hundred and fifty thousand dollars here one seven fifty can you try and keep it a little shorter now this time sir not sure we can bear the suspense any longer at one million seven hundred and fifty thousands here with alejandra you want to say eight sir and one million seven hundred and fifty thousand dollars are we selling at this time this great rare object the dejanescio lab is here on my left the picture and the bid and selling with alejandra on the telephone against you last chance sir last chance the hammer is coming down this time four one million seven fifty thank you very much indeed thank you alejandro 23. thank you sir thank you sir very much indeed [Applause] thank you very much indeed and we move on i'm so sorry i made a mistake there is one more ceramic for your lactation showing on my right another chance uh the tet don babu a wonderful example of both of picasso's ingenious creativity and the playful sense of humor that characterizes his work in ceramic the work was created from ordinary french red brick earthenware a floor tile in fact known as atomet showcasing the artist's range in the medium here it is painted of course on both sides hopefully ably shown on the screens as well but both sides the visage and of course claude picasso has confirmed the authenticity of the work it was created in 1956 and i want to start here with some interest at twenty thousand dollars twenty thousand thirty thousand forty thousand now forty thousand dollars fifty thousand thank you sixty thousand might be at sixty thousand a hundred thousand i'll give you that one a hundred thousand dollars now it clears my bid so 100 000. thank you david at 100 000 you've been here 100 000 dollars with david sherry at 100 thousand dollars here on my far right david schrader head of private sales at sotheby's at 100 000. 110 000 is bid now with gregoire at 110 and looking for 20 from you david please 110 000 say 20. 120 is bid in the room thank you very much indeed so it's your bid 120 000 and it could be interest online as well it's against you it's here in the bellagio 130 is bid now clears both of your bids at 130 give me 40. sir you want a bid 140 thank you and against you online as well at 140 000. gentlemen seated here at the balaji you're bidding so in the middle at 140 000. nope at 140. say 50. at 140 000. 140. at 140 000. have you here sir it's your bid sir at 140 thousand dollars 150 now it's a new bid online at sotheby's dot com you'll turn away of bidding of 150 000 and against you so now 150 thousands against the pair of views against you gregoire and you sir 150 are looking for 60 from you say 60. here at 150 000. it's with the online bidder at 150 000 160 000. thank you sir 160 now it's back with the gentleman in the room there 160 000 it's against you online it's against you gregoire it's here again at the bellagio 160 thousand dollars gentlemen seated here at 160. at 160 000 what a bid 160 175 000 thank you david at 175 000 what 80 now so on the two telephone banks here one hundred eighty thousands gregorio's spitter this time are you out sir at 180. thank you anyway 180 000 on my left here 180 000. still with you greg at 180 david 185 000. 190 000 190. had enough at 190 thousands greg was bitter and selling here it's against the room fair warning brooke are we coming in now nope at 190 last chance and selling greg why it's yours thank you panel number 15. congratulations sir thank you very much indeed and now we arrive at one of the major works in the collection this evening the or me on a monumental work standing at nearly two meters tall and painted with full sunbit gestural brush strokes that exemplify the power and complexity that defines picasso's late work showing here on the screens of course this extraordinary painting here it is on this side of the room thank you very much indeed and i'm going to be signing the bidding here at 15 million dollars of 15 million 16 million 17 million dollars now 17 million 18 million dollars at 18 million dollars now at 18 million 18 million 19 million now at 19 million dollars 19 million 20 million it's been on my left hand side here at 20 million dollars it's with you gregoire at 20 million and i can sell at 20 million dollars here on this side at 20 million dollars thank you gregoire at 20 million still with you sir 20 million dollars there it is with gregoire bill on this side at 20 million anybody else at 20 million dollars is selling at 20 million on this side my left at 20 million dollars greg well it's your bid at 20 million dollars now at 20 million it's against you on this side brooke do you want a bid at 20 million dollars it's not yours it's a 20 million at 20 million give me a bit at 20 million dollars say one more at 20 minute it's extraordinary work it's great great scale work these wonderful hues of color stride and texture fabulous image at 20 million dollars add 20 million dollars still with you gregoire on this science against the room if anybody wants to be at this point at 20 million still here with gregoire and looking to sell at 20 million thank you at 20 million dollars here now's the moment at 20 million us dollars here we coming in 20 is against you now brooke it's here on this side it's with gregoire bo it's on his telephone at 20 million dollars this side here at 20 million dollars say one more let's try a bit 20 million dollars still with gregoire on this side david want a bid twenty million five hundred thousand dollars thank you brooke twenty million five at twenty million five hundred thousand dollars next bits twenty one still on this side ladies and gentlemen at twenty million five hundred thousand dollars with brooke lampley on this side of the room at twenty million five hundred thousand anymore is that a late telephone bidder 21 million it's not too late at 21 million he's gone on at 21 million here it is we're gregoire 21 million say five at twenty one million dollars thoroughly it's gregoire's better on this side brooke against you now 21 i need five from you please let's try five please one short step at 21 million this spectacular image looks extraordinary the picasso restaurant there it is 21 million dollars on this side still with gregoire and the next bit's gonna be five we're gonna have to sell it here at 21 million dollars brooke are we out still with gregoire fair warning now to you the hammer's going to come up here at 21 million dollars here showing on my left-hand side it's with gregoire the first of the large-scale paintings we're selling this evening with give gregoire a sign at 21 million dollars fair warning brooke and selling it this time are we coming in with a bid last chance she's very persuasive at 21 billion dollars thank you and selling it now with gregoire gregoire it's your bid congratulations and selling last chance for 21 million thank you very much indeed paddle127 thank you very much sir and congratulations thank you so much and we move on to uh lot number seven the uh here it is the wonderful picasso still after nothing painted in paris in 1942 of course the wonderful uh wartime picture paid to the height of the war uh and most amongst the most striking examples from this very rich period of still-life painting that the artist worked and was exhibited in fact in the historic 1944 salon liberation in paris the first showcase of picasso's work which ever was seen since uh since the the occupation uh wonderful wonderful objects showing up here of course wonderful scale great great coloring fantastic surface from 1942. um and i want to start the bidding at seven million dollars seven million dollars seven million five hundred thousand seven five eight million dollars now eight million eight million five hundred thousand thank you very much indeed nine million now nine million against when you say five at nine nine million five hundred thousand spit in the room at nine million five hundred thousand dollars at nine million five ten million is bid now at ten million dollars here on my right with brook lampley at ten million dollars give me another one in the room jose at ten million dollars here on this side at ten million dollars against you here at ten million dollars on my right hand side of ten million dollars ten million five hundred thousands in a new place gregoire's bitter at ten million five hundred thousand next bit's eleven eleven million dollars thank you very 12 12 million dollars thank you very much indeed your bid sir at 12 million dollars in the room sir with you at 12 million dollars against you here and in the uh twelve billion five hundred thousand save thirteen sir thirteen million dollars here at thirteen million dollars now against you broken against you gregoire and in the room further back here at 13 million dollars save five your bid sir 13 million dollars 13 million five want to try 14 sir at 13 million 500 000 dollars here brooks bidder 13 5. at 13 million five you're going to come in further back at 13 million five on this site gregoire thirteen million five hundred thousand dollars selling it here at thirteen million five i'll take eight from you sir i'll take 13 million seven fifty as well at thirteen million seven hundred and fifty thousand wanna say one more sir fourteen million thank you at 14. it's brooks bidder at 14 million greg will you give me 250. here it is at 14 million on this side we broke at 40 million i can sell it of course at this price at 14 million and against you in the room here still at 14 million dollars give me one more 14. you going on what do you try one more at 14 million dollars 14 million 250 000 14 million to 50. 14 250. brooke are we going to say one more it's with gregoire at 14 million 250 000 it's not your sir could be the last chance to find a painting like this at 14 million 250. you let it go 14 million 250 000 it's gregoire's bidder on this side and against you brooke it's against you further back in the room several bidders on this painting and selling this wonderful work fair warning now at 14 million 250 000 thank you very much eddie thank you panel number 14. congratulations thank you gregoire and thank you to our other bidders thank you and we move on across slot number eight is the the bus dom another wonderful remarkable example of picasso's mature work executed this time in 1969 the work stuns here with this impressive scale and the energy and invention of this painting which combines two of the key self-referential figures from this period the french musketeer and the spanish matador where is it just searching for it there it is showing on the left hand side of course in all its splendor wonderful wonderful picture and i'm gonna start the bidding here at four million five hundred thousand four million five hundred thousand five billion dollars here at five million five million five hundred thousand six million dollars now it's six million six million dollars six million five hundred thousand at six million five hundred thousand seven million dollars here thank you julian it's seven million dollars it's your bid here at seven million dollars that's seven million eight million dollars in the room now against you at eight million dollars give me nine at eight million dollars there it is eight million dollars in the room at eight million it's not yours we're the gentleman here at eight million dollars thank you so much sir to eight millions not yours further back either at eight million dollars here at eight million dollars gentlemen seated here julian you're going to say one more eight million dollars say one more please at eight million dollars gentlemen seated here it's your bid sir at eight million dollars here at eight million dollars and against you julian i think we're working out some currency exchanges at eight million dollars is he thinking in bitcoin at eighty eight million dollars there he is many of our clients are these days ladies and gentlemen at eight million dollars at eight million dollars your bid cert in the room and against you julian give me a sign of life at 8 million no it's in the room again eight million dollars against you on this side peter you bidding fair warning now thank you sir your persistence is paying off at eight million dollars and with great pleasure salty you sir thank you very much indeed thank you don't you see your paddle we'll get you we'll get your panel sir yeah so if one of the big spotters could just scare the pedal though there it is thank you very much indeed okay thank you thank you very much indeed and moving on of course now we have the other of the still eyes the nativimo of compatie another the artist famed paris wartime still lives with this work painted in 1943 the work was part of the groundbreaking exhibition 1948 organized by the wonderful dealer samuel cootes among the first shows for picasso in america after the war searching for it again where is it this side showing on my left again this side and i'm going to start the bidding here at four million five hundred thousand dollars at four million five four billion eight hundred thousand five million dollars now five million dollars five million two hundred thousand five million five hundred thousand of five million eight hundred thousand is baby gregoire at five million eight hundred thousand dollars on this size your bid gregoire at five million eight hundred thousand six million dollars here in the room again at six million dollars and against you greg it's six million dollars gentlemen seated again here at six million six million two hundred thousand say five sir six million five hundred thousand is bid six five that's six million five your business next bit's going to be eight at six million five hundred thousand dollars six million eight hundred thousand is bitter at six eight i need seven from you please it's six million eight hundred thousand dollars at six million eight hundred thousand on this side with gregory at six million eight hundred thousand can i persuade you at 6a i'll take nine from you sir i feel like friends now the six filler a hundred thousand i wanna help you with your picasso collection sir at six million eight hundred thousand still with gregoire at six million eight seven million dollars thank you david it's seven million dollars now against you both it's seven million dollars thank you david it's seven that's seven million dollars thank you david here at seven million against you gregoire it's against you in the room sir i'm gonna sell it this time very last chance that's seven million dollars david schrader's bidder is seven million david head of our private sales division globally ladies and gentlemen if you need help acquiring art he's the man privately at seven million dollars fair warning greg give me two sure at seven million dollars it's david's bidder the hammer is coming up i'm gonna sell it this time fair warning now at seven million it's gotta happen now greg at seven billion dollars sure fair warning and selling thank you david it's yours thank you very much indeed paddle number 34 [Applause] and ladies and gentlemen two more opportunities to acquire something from this wonderful historic auction the first being picasso's piro a very early and rare large-scale work on paper from 1917 featuring one of the figures of the comedia dellate the piro highlights how picasso was particularly captivated by the characters and provided him with a theme that he would continue to return to throughout his long and prolific career and for changes on this side showing behind the telephone banks thank you so much this wonderful work in excellent excellent exquisite condition as well and i'm going to start the bidding here at two million dollars two million dollars two million one hundred thousand two hundred and two hundred thousand dollars out two million two two million five hundred thousand thank you gregoire two million five hundred thousand and selling here at two million five hundred thousand with gregorio at two million five hundred thousand with eusa at two five at two million five hundred thousand two million six hundred thousands back with brooke this time at two million six hundred thousand and it gives you two million seven hundred thousand thank you gregoire two seven i need eight from you bro please at two million seven hundred thousand dollars on this side two million eight is bid thank you at two million eight hundred thousand still we broke two million nine hundred thousand is going on at two million nine hundred thousand what a bit at two million nine hundred thousand at two million nine hundred thousand on this side give me three at two million nine hundred thousand is that a bit at two billion nine with gregoire still three million dollars thank you brooke at three million dollars now and against you great got three million dollars on this side of the room now three million dollars at three minutes all on the telephones against you in the room at three million dollars here three million one i'll take ahead of you i'm so sorry david i took it from greg first at three million one hundred thousand this side i need two at three million one hundred thousands greg's bidder at three one three two three two thank you brooke at three million two hundred thousand now you can have it at three million three hundred thousand still with brook brook lampley three million two hundred thousand yes three million three hundred thousand three two five no it's already three million three ahead of you it's greg's bid just let you fight it out between you if you like at three million three over a poker table nearby at three million three hundred thousand still with gregoire there it is three million three hundred thousand three million four thank you ladies choice it's three million four hundred thousand no it's back with gregoire three million three hundred thousand dollars still with you gregoire at three million three against you david and so on this side with gregorio three million three hundred thousand dollars i get a sense he wants to go to the casino he's hungry as well at three million three fifty three million three hundred and fifty thousand dollars three million three hundred and fifty thousand at three million three fifty what have you got there greg you're gonna say three million four please at three million three fifties on this side with david still at three million 350 and needing one more at three million three fifty not yours great three million five hundred thousand you heard it there three five three five at three fives gregoire's bo is bitter thank you greg three billion five hundred thousand dollars three million five want to try six fifty please three million five hundred and fifty thousand three million five fifty three six and against you david at three six he's thinking about it three million six hundred and fifty thousand is bit three six fifty it's a wonderful image on our screens here the pair of you battling it out at sotheby's three million six hundred and fifty thousand here it is the sotheby's live stream in vegas live for you and selling he's out on this side with david schrader at three million six hundred and fifty thousand dollars david thank you so much it's yours 106. and ladies and gentlemen we do arrive of course now the finale of the sale this evening's very special last lot and of course this wonderful historic sale the undeniable masterpiece here the fam obery rouge orange an inspired portrait and one of the finest examples of one of picasso's most famous muses mary therese walter a crowning achievement from one of picasso's most emphatically inspired and productive periods this portrait from 1938 combines amari therese famed profile with the features of surrealist photographer doramar who soon became the rival to the younger woman for picasso's affections it's a fabulous fabulous picture many of you of you will be very familiar with it of course in the picasso restaurant this fantastic object and i'm looking at it right now here it is the wonderful picture and i want to start the bidding here at 14 million now 14 million 15 million dollars now 15 million 16 million 17 million has been 18 million now 18 million 19 million dollars now 19 million here at 19 million dollars in the room 20 million dollars here 20 it's against you now 20 at 20 million dollars is with brook lamprey at 20 million you're bidding here 21 million dollars at 21 million dollars in a new place on this side at 21 million dollars and against you now broken against you in the room it's here at 21 million dollars now at 21 million dollars it's the last bit of 21 million 22 million back with gregorio 22 million dollars here at 22 million dollars and the leader it's not yours now at 22 million dollars give me three at 22 million all you broker in the room sir at 22 million dollars now at 22 23 million it's been in the room it's a new bidder here will you say four at 23 million dollars thank you sir 23 million now at 23 24 million 25 million thank you sir 25. elira it's against you now 25 million dollars 26 million dollars thank you 27 million dollars he's going on at 27 million thank you sir at 27 million say eight 28 million dollars 29 million dollars now give me one more say 30. 30 million 31 million thank you sir at 31 million try one more 32 million 32 million 500 000. 33 million 30 million 33 million 500 000. 34 million thank you 34 million 500 000 35 million at 35 million dollars here here it is let's do this bidder from our houston office at 35 million on my left hand side say one more at 35 million at 35 million dollars elizabeth had 35 million dollars on this side on the telephone it's against you greg once against you here on this side brooke at 35 million dollars try one more sir is that your art advisor with you sir at 35 million dollars last chance i'm going to sell it on this side of the room sir thank you very much adi for your bidding all night thank you at 35 million dollars anybody else at the end of this fabulous fabulous auction at the mgm in belgium sotheby's in las vegas i'm gonna sell it on this side for 35 million dollars last chance fair warning and selling alerts yours so congratulations congratulations ladies and gentlemen i see your paddle let me see your paddle number two thank you very much paddle number two ladies and gentlemen that brings us to a close of the wonderful auction oh my goodness oh brooke thank you very much indeed thank you very much adee thank you bro thank you so much thank you very much indeed thank you thank you very much indeed thank you thank you ladies and gentlemen ladies and gentlemen it's uh that brings us to the end a very poignant end to this extraordinary auction of works by picasso from the mgm resorts fine art collection thank you so much to all of you who tuned in and we're here of course in the room as well to join us this evening from around the world for tonight's auction and especially to all of the bidders who participated this evening including many of you who are in attendance of course right here at the bellagio we hope you enjoyed the first story of ours in taking our signature evening cell on the road outside of new york this time a reminder of course that our special luxury auction icons of excellence and oat luxury will take place live from the mgm's aria resort and casino starting at a.m pacific desert time tomorrow my fantastic colleague quig will be taking that seller course and it will star michael jordan's earliest known regular season game worn nike airstrips which could become the most valuable sneakers ever sold at auction an exciting moment you will not want to miss tomorrow and also an offer tomorrow this magnificent example of open pike's famous royal oak i've been modeling it for you for your benefit this evening they're going to take it away from me unfortunately i'm not going to be trusted with it and we invite you to attend if you're here in las vegas in the area or as always you can view the auction live stream at sothebys.com at bid from wherever you are in the world and please join us again for our next series of live stream evening sales which will be in new york of course with the extraordinary macbook collection on november the 15th in what will be a landmark moment we feel for the market as a whole we thank you very much indeed for joining us here live from las vegas we wish you a fantastic evening morning and day wherever you may be please join us again very shortly good night [Music] [Music] [Music] so [Music] [Applause] so [Applause] you

Channel: Sotheby's

Views: 28,639

Keywords: sotheby's, art auction, auction house, fine art, contemporary art, luxury, global, picasso, las vegas, bellagio, live auction

Id: XgLMdJhVjKk

Length: 78min 22sec (4702 seconds)

Published: Sun Oct 24 2021