The Christie’s Auction House is offering a staggering $1.9 million for the “Queen Elizabeth I” by Pablo Picasso, the highest-rated painting in history.
The sale comes after the British auction house announced last week that it had sold the painting for $3.7 million to the American artist and his widow, Barbara, who were the only buyers for the work at the time.
The painting will be on display in London until Nov. 20, 2019, when it will be auctioned off by the New York-based private collector, Christie’s.
“This is a remarkable work of art,” said Michael H. Smith, vice president of Christie’s, in a statement.
The artistry of his work will forever be imprinted on our memories.” “
As one of the world’s great painters, he is revered by collectors and art lovers for his profound understanding of human emotions and the way art affects people.
The artistry of his work will forever be imprinted on our memories.”
The auction house said that it has sold Picasso’s painting for a total of $3,634,000 since the auction house began tracking the sale in April 2019.
The price is not known for certain, but it is believed to be significantly above the record-setting $2.9 billion it paid for the Picasso in 2002.
The Picasso was purchased in 2002 by the late Russian-born Pablo Picassos widow, who died in 2000.
The work has been described by critics as one of Picassos most challenging and controversial works, and critics have been critical of his treatment of the work and his relationship with the royal family.
The new purchase by the auction houses comes amid ongoing criticism of the Trump administration, particularly the president’s decision to withdraw from the Paris climate accord.
Christie’s had previously declined to confirm the sale to CNN, but said it would not confirm or deny the sale.
We will continue to support the PicASSOCIOS work and our partnership with the British Royal Family, as we always have,” the statement said.”
It is a deeply sad time for us, as a company, and our customers and partners around the world.
We will continue to support the PicASSOCIOS work and our partnership with the British Royal Family, as we always have,” the statement said.