Why is Picasso painting always the most expensive in the world?

Many times Picasso's paintings have set a price record in the painting world. Currently, his work still holds the record of 'the highest price paid picture in auction history', worth . nearly 4,000 billion dong.

Why is Picasso painting so expensive?

Read the imaginary feeling of the Las Vegas casino owner - Steve Wynn - when nine years ago, he accidentally . elbowed Picasso's 'Le Rêve ' (Dream) to make canvases torn. The most painful thing for Steve, when the accident happened again at the time he was preparing to sell the painting for $ 139 million.

Picasso

The picture is in a bunch of paintings depicting a sexy portrait of Picasso's young lover - Marie-Thérèse Walter . Painting in 1932 when two people were in love with each other passionately. Picasso's paintings are always in the top most sought-after paintings . Over time, Picasso 's paintings constantly break the record of ever established prices.

The ' Le Rêve' itself also set a record of the price paid for a Picasso painting. ' Le Reve ' - a hundred million dollar fortune - collapsed in an instant because an unintentional " destruction " of the art work was very fragile. Immediately after believing in the 'Le Rêve' incident, the buyer stopped planning to buy paintings.

In 2013, after painting experts helped repair the painting with a sophisticated level, the viewer could not detect the tear with the naked eye, the new buyer continued to promote the process of buying paintings.

This time, because of an accident that contributed to the excitement of the side stories revolving around the picture, the price of the 'Le Reve' immediately went up to $ 155 million. In general, the reason why the price of painting is high is quite 'spontaneous'.

People who are not knowledgeable about painting and business will always feel crazy when such a painting has a 'heavenly' price . Even more and more, the prices of 'heaven' are getting higher . so much higher that 'unbelievable '.

But it turned out that this absurdity was completely reasonable because what business now has many risks and the world economy is not in the golden age of prosperity, therefore, the trading market works. Painting products become more exciting.

Precious paintings never get 'bad'. Buy precious paintings, want to sell always have a lot of people want to buy. A quarterly transfer deal is always up to tens, hundreds of millions of dollars, not inferior to any business deal, but the risk is significantly reduced.

Millionaires and billionaires from emerging economies are now also involved in the art business, causing the price of art to be pushed higher. Art business is now a trendy, high- class item in the super rich world. Possessing a precious work that many aspire to is 'a multi-target arrow'.

In the art world, artists who have an influence on mass cultural life on an international scale are not many. The artists whose names are known even less by non-artistic people. And Picasso is such a rare painter. Of course, his work will always be the most expensive.

The millionaires and billionaires have long competed in each other to demonstrate the level of super cars, yachts, villas . Collection of artworks "terrible prices" is now a competitive 'new sport '. also brought about profit.

Over the past 25 years, the art market has expanded constantly. In 1990, the total value of art works sold on the market was about $ 27.2 billion. In 2007, this number reached 65.8 billion dollars, this is considered the golden phase of the trade of painting works. Later, the collector was more conservative, in 2012, this number was 56 billion dollars.

Picasso's paintings always contribute to this billion dollar figure. When he was born, Picasso made about 50,000 works, including nearly 2,000 paintings, more than 1,200 sculptures, nearly 3,000 ceramic works, 12,000 drawings, thousands of paintings printed from engravings . Each of Picasso's works when The market appears to be worth millions of dollars to hundreds of millions of dollars.

Today, when collecting art, it is no longer merely about art; when collectors gathered many of the richest millionaires and billionaires in the world; the fact that an emerging character possesses a precious painting work like this person possesses a first-class ticket to confidently enter the collecting world , which converges many of the world-class figures.

Even in the collection world there is a clear polarization, only a small group of super rich people follow the painting market, pushing the price of paintings of famous artists to the level of ' utopia '. Meanwhile, small and medium collectors can never participate in the price race around big works.

Here are the most expensive Picasso paintings, with pictures that set price records in the art market:

'Buste de femme / Femme à la résille' (Women's breast / Woman's hair net - 1938) was sold on May 11, 2015, at a price of $ 67.4 million (nearly VND 1,500 billion).

The 'Femme assise dans un jardin' (Woman sitting in the garden - 1938) was sold on November 10, 1999, with a price of $ 49.5 million (equivalent to $ 70.1 million at the moment, equal to 1,560. billion).

The "Femme aux Bras Croisés" (Woman with arms folded - 1902) was sold on November 8, 2000, priced at $ 55 million (equivalent to $ 75.3 million at the moment, equal to VND 1,673 billion).

'Acrobate et jeune arlequin' (acrobatic circus artist and small clown - 1905) was sold on November 28, 1988, with a price of $ 38.5 million (equivalent to $ 76.9 million at the moment, equal to 1,710 billion VND.

'Au Lapin Agile' (in Lapin Agile pub - 1904) was sold on November 27, 1989, the price of 40.7 million USD (equivalent to 77.4 million USD at the moment, equal to 1,720 billion dong). .

The self-portrait "Yo Picasso" (1901) was sold on May 9, 1989, with a price of $ 47.8 million (equivalent to $ 91 million at the moment, equal to VND 2,022 billion).

The "Les Noces de Pierrette" (Marriage of Pierrette - 1905) was sold on November 30, 1989, the price of $ 49.3 million (equivalent to $ 93.8 million at the moment, equal to VND 2,084 billion) .

The picture 'Dora Maar au Chat' (Dora Maar and cat - 1941) was sold on May 3, 2006, with a price of $ 95.2 million (equal to VND 2,115 billion).

The 'Nu au Plateau de Sculpteur' (1932) was sold on May 4, 2010, priced at 106.5 million dollars (equivalent to 2,366 billion dong).At this point, the picture sets a record of the price paid for a painting work auctioned.

'Garçon à la Pipe' (Boy and pipe - 1905) was sold on May 4, 2004, with a price of $ 104.2 million (equivalent to $ 130.1 million at the moment, equal to 2.890 billion). copper).The work has set a record of the price paid for a painting work auctioned.

The 'Le Rêve' (Dream - 1932) was sold on March 26, 2013, priced at $ 155 million (equivalent to VND 3,444 billion).The work once set a record for the price paid for a Picasso painting.

The 'Les Femmes d'Alger' (Women of Alger - 1955) was sold on May 11, 2015, priced at $ 179.4 million (equivalent to VND 3,986 billion).The work currently holds a record of the price paid for an art work auctioned off.