Model of Chicago's Picasso statue to go to auction - FOX13 News, WHBQ FOX 13

Model of Chicago's Picasso statue to go to auction

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CHICAGO (AP) -- A model of Pablo Picasso's famed Chicago statue will be auctioned next month.

Christie's estimates it will sell for as much as $35 million.

The piece is a sheet metal model of the sculpture that stands in Chicago's downtown Daley Plaza. Picasso created the piece between 1962 and 1964.

The model that goes to auction on Nov. 4 in New York is 41 1/2 inches tall and 27 1/2 inches wide. It was later made into the 65-foot-tall, welded-iron statue unveiled on Aug. 15, 1967.

Christie's says Picasso saved this model for himself and sent a duplicate to Chicago to be used to create the sculpture. The piece is part of a larger auction of artwork from the private collection of renowned dealer Jan Krugier.

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