HomeNewsBusinessCryptocurrencyPablo Picasso heads to the NFT space, pieces of unseen Ceramic work to be auctioned
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Pablo Picasso heads to the NFT space, pieces of unseen Ceramic work to be auctioned

Touted as an "unprecedented fusion of old-school fine art and digital assets", the artwork in concern, a family heirloom was described by Marina as "a work that represents a face, and is very expressive. It’s joyful, happy. It represents life … It’s one of those objects that have been part of our life, our intimate lives — my life with my children.”

January 26, 2022 / 22:17 IST
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Some artworks of Pablo Picasso, the legendary 20th-century Spanish artist will be seeing the light of the day in 2022, with his granddaughter Marina and her son Florian Picasso stepping into the NFT (Non-Fungible Tokens) space as they put to sale around 1,010 digital art pieces of one of his never-seen-before ceramic art, reported Indian Express.

Touted as an "unprecedented fusion of old-school fine art and digital assets", the artwork in concern, a family heirloom was described by Marina as "a work that represents a face, and is very expressive. It’s joyful, happy. It represents life … It’s one of those objects that have been part of our life, our intimate lives — my life with my children.”

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While the display currently only shows a small glimpse of the underside of the work linked to the NFTs, it is most likely to be a ceramic piece resembling a large salad bowl, which, Marina recalls is a "cherished pottery piece dates to October 1958, when she was a child". Other details that were revealed about the same included a "thick yellow line, a dribbling green splotch and a brushed-on number 58 at the base".

Earlier, eleven Picasso artworks were sold for a combined $109 million in a Las Vegas auction, which coincided with the 140th birthday of the famed painter. One particular piece, namely the Picasso’s 1938 portrait of his muse Marie-Thérèse Walter titled “Femme au béret rouge-orange” (“Woman in a reddish-orange hat”) sold for $40.5 million. Reportedly, it was expected to fetch anywhere between $20-$30 million.