A $1 Million Picasso Is Due to Be Sold for Just $116
- On Tuesday, Christie's in Paris will host the draw for a 1941 Picasso gouache titled "Tête de Femme," with ticket proceeds supporting the Alzheimer Research Foundation.
- Based in a leading Paris public hospital, the Alzheimer Research Foundation organized this initiative to fund medical research, aiming to sell up to 120,000 tickets at $117 each.
- Valued at $1.17 million, the artwork offers participants a chance to win a Picasso for a single ticket. If all 120,000 tickets sell, the raffle could net $14 million.
- Organizers say two previous Picasso raffles raised more than $11 million for cultural work in Lebanon and water and hygiene programs in Africa, demonstrating the model's track record.
- Since Monday, the painting has been on display at Christie's galleries. From the proceeds, $1.17 million will be paid to the Opera Gallery, which owns the piece.
62 Articles
62 Articles
Named "1 Picasso per 100 euros", this operation proposes to acquire a work from 1941 via a lottery open to the general public, whose profits will be donated to the Alzheimer Research Foundation.
On Tuesday 14 April 2026, in Paris, an unprecedented raffle promises to make a happy: a Picasso gouache, valued at more than one million euros, will be drawn to the benefit of the Research Foundation...
Picasso's grandson Olivier Widmaier Picasso believes that the unusual deal would have met with his grandfather's approval.
An independent fund-raising campaign offers participants the opportunity to gain a job signed by famous artist Pablo Picasso, in exchange for a 100-euro ticket. Tombo, entitled “1 Picasso for 100 euro”, has the purpose of supporting medical research and organizers estimate a high interest on the public. The article A Picasso table can be purchased with only 100 euros, although it is estimated at over a million euros for the first time in Romania…
Tombo “1 Picasso for 100 euros” offers participants the opportunity to win the “Women’s tea” picture, performed by an artist in 1941 and assessed at over $1 million, transmits CNN. The price of a ticket is, as suggested and the name of the campaign is 100 euros. The extraction is scheduled on April 14th and are ...
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