Sunday 28 September 2008

From Goya to Picasso: record sale likely as Saint Laurent collection goes for auction

'Instruments de musique sur un gueridon' by Pablo Picasso, an oil on canvas painting from 1914. The painting may fetch up to 40,000,000 euros when it is auctioned by Christie's International between Feb. 23-25, 2009


What is expected to be the biggest sale of privately owned art will take place in Paris early next year when the late fashion designer Yves Saint Laurent's collection goes up for auction. Yesterday Christie's unveiled details of items that are expected to fetch up to €300m (£240m).

Among several hundred items to go on sale are works by Picasso, Matisse and Mondrian, old master paintings by Géricault and Goya, as well as drawings, art deco pieces, sculptures and antique furniture. Picasso's late Cubist work Instruments de Musique sur un Guéridon, one of several masterpieces that adorned the designer's Parisian apartment on the rue de Babylone, is expected to fetch up to €40m.

Saint Laurent, who in the words of one dealer needed art "like water to survive", amassed the collection over 40 years with Pierre Bergé, his long-term companion and business partner.

Bergé, who runs an auction house in Paris, said the decision to sell had been taken before his partner's death. Saint Laurent died in Paris in June after a long illness.

The auction will be held next February by Christie's at the Grand Palais in Paris. The proceeds will go towards a foundation Bergé intends to set up dedicated to the fight against Aids.

THE YVES SAINT LAURENT AND PIERRE BERGĒ COLLECTION
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