Pablo Picasso Madoura pottery auction soars to $2m at Sotheby's


2015-06-26 13:12:22


Pablo Picasso Madoura pottery auction soars to $2m at Sotheby's

Pablo Picasso's Madoura pottery 'defied estimates' as 94% sold above expectations

Pablo Picasso's Madoura pottery proved its popularity at Sotheby's on March 19, as the auction house presented 100 such ceramics from a private collection.

Picasso madoura potteryItems of Picasso's Madoura pottery can be bought for as little as a few thousand, yet the record stands at 735,650

The star of the show was Vase gros oiseau vert, created at the Madoura, France pottery studio in 1960 and numbered 25/25, which sold 202.8% above its 35,000 estimate to bring 104,500 ($157,829). The collection brought 1.4m ($2.2m), with all 100 items sold and 94% selling above estimate.

Madoura pottery provides a fantastic and often affordable option for those wishing to own Picasso's work. It has seen renewed popularity at auction since Christie's June 2012 auction of The Madoura Collection, which set the world record for Picasso's ceramics at 735,650 ($1.1m).

Paul Fraser Collectibles also offers an affordable entry into the market for Picasso, with this signed postcard of The Absinthe Drinker, one of the most important works from his Blue Period.

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