'Unseen' Picasso Fetches $13M

Tete de Femme (Jacqueline sells for double pre-sale estimates
By Nx Doyle,  Newser User
Posted Feb 2, 2010 7:53 PM CST
Promoted on Newser Feb 3, 2010 3:48 AM CST
A Christie's employee looks at Picasso's "Tete de femme (Jacqueline)' at the auction house in London.   (AP Photo/Sang Tan)
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(User Submitted) – A Picasso painting not seen in public for over 40 years went under the hammer at Christie's of London yesterday, fetching a cool $13 million. The painting, Tete de Femme (Jacqueline) was painted in 1963 and depicts the artist's second wife. The painting brought double its expected pre-sale value, Reuters reports. Christie's says heavy telephone bidding from Russian and other Eastern Bloc boosted prices before the painting went to a Dubai-based buyer.

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