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Picasso Masterpieces Fetch Nearly $110m at Las Vegas Auction

Picasso Masterpieces Fetch Nearly $110m at Las Vegas Auction

Las Vegas, Eleven Pablo Picasso artworks that have been on display at a Las Vegas hotel for more than two decades have sold at auction for nearly $110m.

The works, which were owned by MGM Resorts, featured in the Picasso Restaurant at the Bellagio Hotel.

But the company said the auction would help it improve the diversity of its fine art collection.

The auction featured nine paintings and two ceramic pieces by the Spanish artist, who died in 1973.

The collection spans more than 50 years of artistic output.

The record for a Picasso is $179.4m, which was paid for his painting The Women of Algiers in 2015, BBC news reported.

Source: Oman News Agency