Pablo Picasso's painting of his mistress and model Marie Therese Walter entitled "La Lecture" brought an impressive 25.2 million pounds or $40.7 million US at a Sotheby's auction last week. I believe this demonstrates that there is a very large market for the works of contemporary artists such as Picasso and others. It is a shame that works of artists such as Picasso are not fully appreciated until their passing.
What's your take?
James Gage
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