Sponsored content: WHAT’S IT WORTH? Strange (but incredibly valuable) bedfellows

Published June 10

While we consider ourselves experts, sometimes we just guess. Sometimes we just gamble. Sometimes the result is extraordinary. Sometimes I have egg on my face and an angry wife.

A few weeks back we were contacted by heirs of a Los Angeles socialite who was ahead of her time and bought many art objects in the ’70s and ’80s. This bronze Picasso sculpture (pictured) was so eclectic and unusual that there are no comparators.

We found an almost identical one made of clay that went for $24,000 at Sotheby’s. Made in 1951, the object is composed of bronze; it has a frame of 18 karat gold and silver by David Webb — the hottest jeweler in the 1980s. Furthermore, this exact piece was featured in one of the most famous collections of Picassos — The Wolper Picassos — and was described as Female Figure 1951 with added mounting.

Some of the larger pieces in the Wolper Collection sold for millions. So what’s a dealer / collector / speculator going to offer? We paid under $50,000 and while we have nothing other than speculation to judge the eventual outcome, we hope it will bring at least what we paid — and as is always the case, the fair market value will be determined at public auction.

If you have any valuable art or antiques you would like to sell, give us a call. You have seen us in Forbes Magazine, the Wall Street Journal, and the New York Times. ALL RIGHTS RESERVED.

Advertisement
Also In This Section
Advertisement
Advertisement