Christie’s will offer Picasso’s “Femme accroupie (Jacqueline)” — Crouching Woman (Jacqueline) at a Nov. 13 sale in New York. A late Picasso portrait of his paramour Jacqueline Roque, painted in October 1954, has never been sold at auction. Its inaugural bow is estimated to attract bidding in the league of $20 million to $30 million.
The painting is one three portraits Picasso painted of Roque in his studio in the south of France on Oct 8, 1954, all showing her crouched with arms around her knees. The boldly colored painting shows the influence of the colorful cutouts of Henri Matisse, who died later that year.
It may be a collector’s last chance to get one of the paintings made that day, as another, Femme accroupie, sold at Sotheby’s Impressionist and modern evening sale in London last June for £7.4 million ($9.3 million). The third, Jacqueline assise, is in the Museo Picasso in Malaga, Spain.
The painting will be on public display at Christie’s London showroom from Saturday until Tuesday.