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Artist's Resale Right ("Droit de Suite"). Artist's… Read more PROPERTY FROM A DISTINGUISHED PRIVATE COLLECTOR

Portrait de Pablo Picasso

Portrait de Pablo Picasso
signed 'Francis Picabia' (lower left)
watercolour and brush and ink on paper
13 1/2 x 10 1/4 in (34.3 x 26 cm.)
Executed circa 1920-1925
Anonymous sale, Christie's, London, 4 December 1990, lot 181A.
Private collection, Württemberg; sale, Nagel Auktionen, Stuttgart, 26 April 2007, lot 820.
Anonymous sale, Ketterer Kunst, Munich, 4 June 2008, lot 113.
Acquired at the above sale by the present owner.
Special notice
Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent. This lot has been imported from outside of the UK for sale and placed under the Temporary Admission regime. Import VAT is payable at 5% on the hammer price. VAT at 20% will be added to the buyer’s premium but will not be shown separately on our invoice.
Further details
The Comité Picabia has confirmed the authenticity of this work.

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Imogen Kerr
Imogen Kerr Vice President, Senior Specialist, Co-head of 20th Century Evening Sale

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