A group of 32 works by Pablo Picasso will go on sale for more than US$43 millionwhen it ends its international tour later this month, through a London gallery Ward Moretti rather than an auction room.
The collection of works by Picasso They belong to the Dutch marriage Pieter and Olga Dreesmannwho acquired them in the last 25 years and is made up of works on paper, unique examples of ceramics and sculptures dating from 1899 to 1962.
The set of works includes examples of the blue and pink periods of the artist and his explorations in the cubismhe neoclassicism and the surrealism. An important core of ancient bronzes and various works that portray the women with which the Spanish artist shared his life, among them three images from the 1930s Marie-Therese Walteras well as drawings of Dora Maar and the model Fernande Olivier. Sales prices range between US$12,500 and US$3.5 million, reported The Artnewspaper.
The collection, which is currently in manhattanbegan a tour in October joining the exhibitions held around the world to commemorate the 50th anniversary of the artist’s death, organized by the London gallery made up of dealers Emma Ward and Fabrizio Morettiin the fall of 2022.
After holding a sample at the London headquarters of Ward Moretti during the Frieze Weekthe gallery owners took her to Paris during Paris+ by Art Basel. The third exhibition was held in a pop-up space in the Upper East Side of New York from November 6 to 18, and finally, a three-week presentation was organized in Monacofrom December 6 to 22.
Marriage Dreesmannowners of the collection Picassowho had already sold a collection of 17th century Dutch paintings in Christie’sthey decided to trust Ward Moretti the sale of their Picasso for his close relationship with the British dealer James Roundellwho now advises the gallery.
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Roundell met Pieter Dreesmann in 1991 through the Parisian gallery owner to whom Dreesmann bought his first Picassoa blue watercolor titled Étude Pour “la Buveuse d’Absinthe” (1901). He later advised the Dreesmann in its acquisitions of works of Picasso during the following decades, especially when they began to prioritize the artist’s works in their collection about 25 years ago.
For the Dutch couple, working with a private dealer rather than an auction house has strategic advantages, as “Pieter and Olga retain complete control of all aspects of the sales process, which is not the case at auctions. No “You know who the buyers are going to be, and we have negotiated with the group in a very, very open way,” he said. Emma Ward.
The gallery owners hope that the sales of the Picasso of the Dreesmann continue until 2024, since the private sale avoids the time pressure of selling at a public auction.
Source: Ambito
