On the evening of the 23rd local time, at an auction held by Sotheby's in Las Vegas, the United States, 11 Picasso works were successfully auctioned, with a total transaction price of up to 108.9 million US dollars, about 690 million yuan, more than previously estimated.
In addition to paintings such as "The Woman Wearing the Orange-Red Beret", the 11 lots also include Picasso's hand-painted pottery work "Head of a Bearded Man". At present, the buyer information has not been made public. It is reported that these lots were previously owned by MGM Hotel Group.
Source: CCTV Finance