Artist and Model
By Pablo Picasso (1881–1973)
Appraisal by Kenneth Jay Linsner
Picasso completed this oil on canvas in 1971. Valuations of Picasso’s late works have risen sharply in the past decade, with prices for a piece such as this now easily surpassing the $2 million mark. Mr. Linsner appraised this piece on behalf of a large Japanese securities firm.