A raffle offers a Picasso for 100 euros to fund Alzheimer’s research
PARIS (AP) — Feeling lucky? The raffle held in France offers the chance to win a portrait of Pablo Picasso in exchange for a 100 euro ($117) ticket. Alzheimer’s research.
The draw will take place on Tuesday at Christie’s auction house in Paris.
Opening “1 Picasso for 100 Euros” raffle, in 2013saw A firefighting worker in Pennsylvania He won the painting “Man with an Opera Hat”, painted by the Spanish master in the Cubist period in 1914.
A second Picasso, oil on canvas “Nature Morte”, was raffled in 2020, making Claudia Borgogno, an accountant in Italy, a very happy mother. His son bought him the ticket As a Christmas gift.
Painted in 1921, this still life was purchased for the raffle from billionaire art collector David Nahmad. a rare Associated Press interview He would approve of Picasso’s work being raffled off. Picasso’s died in 1973.
Nahmad said, “Picasso was very generous. He gave the paintings to his driver and tailor.” “He wanted his art to be collected by all kinds of people, not just the super-rich.”
The gouache on paper called “Tête de Femme”, meaning “woman’s head”, which will be available next week, was made by Picasso in 1941.
The charity raffle’s organizer, the Alzheimer’s Research Foundation, is based in one of Paris’ leading public hospitals and says it has become France’s leading private funder of Alzheimer’s-related medical research since its founding in 2004.
Christie’s auction house said the painting will be exhibited at its galleries in Paris from Monday until 18:00 on Tuesday.
The organizers’ online sales platform says the number of tickets will be limited to 120,000; This means that if all the tickets are sold, there could be a net 12 million euros ($14 million) in the draw.
1 million euros of the income will be paid to the international art gallery Opera Gallery, the owner of the painting.
Organizers say the previous two Picasso raffles have raised a total of more than 10 million euros for cultural work in Lebanon and water and hygiene programs in Africa.
