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Sale: 459 / Modern Art I, Dec. 09. 2017 in Munich Lot 677

Lot description
Visage de la Paix III. 1950.
Pencil drawing.
Upper left signed and dated "5.12.50." as well as inscribed "III". On slightly grayish paper. 15.2 x 21.7 cm (5.9 x 8.5 in) , size of sheet.
Made in connection with the book "Le Visage de la Paix" by Paul Éluard and Pablo Picasso, Editions Cercle d'Art 1951.

Accompanied by a photo expertise from Claude Picasso issued on 6 June 1977 (in copy).

EXHIBITION: The Lever Galleries, London (verso of frame with a label).
Bjorn Ressle Fine Art, New York.
Private collection London.
Connaught Brown, London (verso of frame with a label).\line Private collection London.

Called up: December 9, 2017 - ca. 14.37 h +/- 20 min.

Pablo Picasso made this drawing for the book "Le Visage de la Paix", released October 1951. It is the last book that Picasso illustrated for the poet Paul Eluard in their 15 years of cooperation. It was made on occasion of the 30th anniversary of the French Communist Party, which Picasso joined in 1944. The 29 illustrations show the convergence of a dove of peace and a female face. In the sequence of images both motifs become one. Our sheet is number 9 in the series and is a great document of Picasso's graphic gift. Metamorphoses of this type are recurrent in Picasso's oeuvre, however, this was the first time that he combined the motif of the dove with a female face. The lady depicted in our drawing is the painter Françoise Gilot, Pablo Picasso's partner between 1944 and 1953. In her painting "Les peintres" from 1952 she shows how Picasso presents a drawing from the series to two other painters. [EH]
Pablo Picasso
Visage de la Paix III, 1950.
Pencil drawing
€ 120,000 - 180,000

$ 140,400 - 210,600


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Pablo Picasso - Visage de la Paix III - Frame image
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Buyer's premium, taxation and resale right apportionment for Pablo Picasso "Visage de la Paix III"
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Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
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Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

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Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 1.5% plus statutory sales tax.
Pablo Picasso - lots sold by Ketterer Kunst