Picasso Painting Sells for $23 Million Setting Record

A luxury home isn’t complete without a one of a kind piece of fine art. But one fine art collector believed his home wasn’t complete until it dawned an original Picasso painting valued at $23 million. The unnamed collector purchased the 1967 Picasso work featuring a naked man playing a recorder for his nude lover in November 2011 for $23 million, setting a record.

According to the premier issue of luxury lifestyle magazine Bloomberg Pursuits, the world’s biggest fine art dealers will be uniting for the fourth in a series of Picasso exhibitions at Larry Gagosian’s galleries in New York and London. The expectations for the next event to take place on April 30 are very high. The first three events attracted a total of 260,000 visitors for about 300 artworks. These events with the participation of Picasso’s heirs and noted Picasso biographer John Richardson elevated by the unrivaled marketing strategies of Larry Gagosian have made Picasso the best-selling artist of the past decade.

Read more about the upcoming exhibition and fine art marketer Larry Gagosian in the Bloomberg article online. Property investors and fine art collectors might be interested to learn about Hurwitz James Company’s newest listing, The Bradbury Estate, which boasts several Venetian plaster masterpieces and domes with hand-painted frescos. Interested buyers can schedule a showing by calling 888-681-5902.