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Picasso's Portrait of Marie-Thérèse Walter to Lead Christie's Auction

market-auction · 2026-04-27

Christie's New York will auction Pablo Picasso's 1932 painting 'Femme assise près d'une fenêtre (Marie-Thérèse)' as the top lot of its 20th Century Evening Sale on May 11, 2021. The oil on canvas, measuring 146 x 114 cm, carries an estimate of $55 million. Depicting Marie-Thérèse Walter, Picasso's muse and lover from 1925 to 1935, the work was painted in Boisgeloup on October 30, 1932. Vanessa Fusco, Co-Head of the 20th Century Evening Sale, noted that the painting was last exhibited in the 'Picasso 1932' show at Musée Picasso Paris and Tate Modern London in 2017-2018. Walter met Picasso at age 17 while he was 45 and married to Olga Khokhlova; their relationship ended in 1935 when Picasso began an affair with Dora Maar. The couple had a daughter, Maya, whom Picasso also painted.

Key facts

  • Auction: Christie's New York, 20th Century Evening Sale, May 11, 2021
  • Painting: 'Femme assise près d'une fenêtre (Marie-Thérèse)', oil on canvas, 146 x 114 cm, painted October 30, 1932
  • Estimate: $55 million
  • Subject: Marie-Thérèse Walter, Picasso's muse and lover from 1925 to 1935
  • Last exhibited: 'Picasso 1932' at Musée Picasso Paris and Tate Modern London, 2017-2018
  • Picasso was married to Olga Khokhlova when he met Walter, who was 17; he was 45
  • Their relationship ended in 1935 when Picasso began a relationship with Dora Maar
  • They had a daughter, Maya, born in 1935

Entities

Artists

  • Pablo Picasso
  • Marie-Thérèse Walter
  • Olga Khokhlova
  • Dora Maar
  • Maya Picasso

Institutions

  • Christie's
  • Musée Picasso Paris
  • Tate Modern London
  • Artribune

Locations

  • New York
  • United States
  • Boisgeloup
  • France
  • Malaga
  • Mougins
  • Paris
  • London

Sources