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| Model Of Chicago's Picasso |
Authorities had hoped the sheet metal model would bring between $25 million and $35 million when it went up for auction Monday in New York.
A welded-iron version of the sculpture was unveiled in Chicago in 1967.
Christie’s says Picasso saved the smaller 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.
