Tuesday 23 January 2018

Million-dollar Picasso could be yours for €100

Press Association

For aspiring art collectors everywhere, there is hope.

Sotheby's Paris is giving away a $1m (€726,000) masterpiece by Pablo Picasso for just €100 in an unusually affordable charity raffle on Wednesday.

The 1914 work, Man in the Opera Hat, dates from the Spanish master's cubist period.

Raffle tickets -- limited to 50,000 -- have been available online since April.

The International Association for the Safeguard of Tyr owns the Picasso, and hopes to raise €5m to protect the ancient Lebanese city of Tyr, a UNESCO heritage site.

The painter's grandson, Olivier Picasso, said his grandfather, who died in 1973, would have been "amused to participate in an event like this".

Irish Independent

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