Are you feeling lucky? A raffle in France is offering the chance to win a painting by Pablo Picasso for the price of a 100-euro ($117) ticket, with the proceeds going to Alzheimer’s research.
The draw will be held on Tuesday at Christie’s auction house in Paris.
Inaugural “1 Picasso for 100 Euros” raffle, in 2013, Saw a fireman “Man in the Opera Hat” won in Pennsylvania, painted by the Spanish master in 1914 during his Cubist period.
The second Picasso, the oil-on-canvas “Nature Morte”, was launched in 2020 and greatly pleased the mother of Claudia Borgogno, an accountant in Italy. his son bought him a ticket As a Christmas gift.
That still life, painted in 1921, was purchased for a lottery from the billionaire art collector David Nahmad, who argued in a rare associated Press Interview That Picasso would have given approval for his work to proceed. Picasso died in 1973.
“Picasso was very generous. He gave paintings to his driver, his tailor,” Nahmad said. “He wanted his art to be collected by all types of people, not just the ultra-rich.”
The gouache on paper “Tête de Dame”, meaning “Head of a Woman”, on hold next week, was painted by Picasso in 1941.
The Alzheimer’s Research Foundation, organizer of the charity raffle, is based in one of Paris’ major public hospitals and says that since its founding in 2004 it has become France’s leading private financier of Alzheimer’s-related medical research.
Christie’s auction house says the painting will be on view in its galleries in Paris from Monday ahead of the draw at 6pm on Tuesday.
The organizers’ online sales platform says the number of tickets will be limited to 120,000, meaning the draw could fetch up to 12 million euros ($14 million) if all tickets are sold.
From the proceeds, 1 million euros will be paid to Opera Gallery, an international art dealership that owns the painting.
Organizers say the last two Picasso raffles raised a total of more than 10 million euros for cultural work in Lebanon and water and sanitation programs in Africa.
