Pablo Picasso’s 1932 masterpiece Femme A La Montre is set to go on display at Sotheby’s in London and is estimated to fetch in excess of 120 million US dollars (£98 million) at auction.
The work was owned by art patron and collector Emily Fisher Landau and it depicts Picasso’s “golden muse” Marie-Therese Walter, a woman who formed the subject of many of Picasso’s portraits and who was known to have had an affair with the painter.
The oil on canvas painting forms part of the exhibition The Emily Fisher Landau Collection: An Era Defined, which will take place at Sotheby’s from Saturday October 7 to Wednesday October 11.
The travelling exhibition will also open in Paris, Taipei and Los Angeles and has already been to Dubai and Hong Kong.
Artists who feature in Ms Fisher Landau’s collection include American painter and sculptor Jasper Johns, Dutch-American artist Willem de Kooning, American painter and printmaker Robert Rauschenberg, abstract painter Mark Rothko as well as Edward Ruscha and Andy Warhol, who were both associated with the pop art movement.
The collection, estimated to bring in well over 400 million (£327 million) dollars, will be offered for sale at Sotheby’s New York in two dedicated auctions on November 8 and 9.