NEW YORK, May 10 (RIA Novosti) - A portrait of Pablo Picasso's wife, Olga, has been sold at an Impressionist/Modern Art Evening sale at Christie's for $18.52 million, the New York-based Auction house said.
Picasso painted his Tete et main de femme, which depicts Olga Khokhlova, a Russian ballerina, and is a work of classicism, near Paris in the summer of 1921.
Another famous auction house, Sotheby's, sold Picasso's Tete d'arlequin, which was estimated at $14-$16 million for $15.16 million on May 8.
Picasso is one of the most sought after and most expensive artists on the art market. Sotheby's sold his Garcon a la pipe for a record $104 million in 2004, and Christie's sold Femme aux bras croises for $55 million in 2002, which became its fifth-largest sale.
Christie's took over the baton of Impressionist sales from Sotheby's Wednesday, earning $237 million on the first day.
