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    Mark Rothko No. 1 (Royal Red and Blue), 1954. Sotheby’s Contemporary sale in New York on November 13. ($35-50 million). (Click on image to enlarge).

    Pablo Picasso Femme à la fenêtre (Marie-Thérèse) 1936. Sotheby’s Impressionist and Modern sale in New York on November 5. (Click on image to enlarge). UPDATE: THIS MADE  $17,218,500

    ROTHKO and Picasso will highlight Sotheby’s art selling season in New York. A seminal large scale masterpiece by Mark Rothko – No.1 (Royal Red and Blue) – will be offered on November 13 and an exuberant example of Pablo Picasso’s acclaimed portraits of his lover Marie-Thérèse Walter – Femme à la fenêtre (Marie-Thérèse) – will come under the hammer on November 5.
    This Rothko work was painted in 1954 and was one of eight he hand picked for a landmark solo show that year at the Art Institute of Chicago. This was his first one man show at a major American museum. No.1 (Royal Red and Blue) is estimated at $35-50 million.
    Picasso’s Femme à la fenêtre (Marie-Thérèse) was painted in the spring of 1936. The work followed the birth of his daughter Maya the previous autumn with Marie-Thérèse, as well as his separation from his wife Olga and the beginnings of a passionate affair with another important muse, Dora Maar. It is estimated at $15-20 million.

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