A Picasso From 1932 Asks $120 Million at Auction

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A Picasso From 1932 Asks $120 Million at Auction
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‘Woman with a Watch,’ expected to be the second-most expensive Picasso ever sold, will serve as a test for a slumping market.

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‘Woman with a Watch,’ expected to be the second-most expensive Picasso ever sold, will serve as a test for a slumping marketPablo Picasso’s ‘Woman with a Watch,’ 1932, will be auctioned off by Sotheby’s this fall.Sotheby’s just landed the chance to sell the undisputed star of the fall auction season: A royal blue, green and red portrait of Pablo Picasso’s young mistress curled up in a chair, “Woman with a Watch,” estimated to top $120 million this November.

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