Eleven Picasso masterpieces sell for nearly €90.5m at Las Vegas auction

The highest price was fetched by the 1938 portrait Femme Au Beret Rouge-Orange, which depicts Picasso’s muse and lover Marie-Therese Walter, which sold for 40.5 million dollars

Femme Au Beret Rouge-Orange. Picture: Sotheby’s/PA

Eleven Pablo Picasso artworks have sold at auction for nearly 110 million US dollars (€90.44 million) after spending years on display at a Las Vegas hotel.

The Sotheby’s auction took place at the MGM Resorts-owned Bellagio hotel and casino, where the pieces featured in its Picasso restaurant.