Rabu, 20 Mei 2020

Picasso painting worth $1.67 million won by Italian in raffle, easing coronavirus anguish - ABC News

An Italian woman has won a Pablo Picasso painting worth 1 million euros ($1.67 million) in a French charity raffle that raised money for African water projects.

Claudia Borgogno, 58, who received her lottery ticket as a Christmas gift from her son, will acquire the Spanish master's still life Nature Morte, easing her family's worries during the coronavirus pandemic.

Italy has been one of the world's hardest-hit countries, with more than 32,000 deaths due to COVID-19.

The small oil-on-canvas piece, which was painted in 1921, shows a newspaper and a glass of absinthe on a wooden table.

"Incredible," Ms Borgogno said from her home in Ventimiglia, northern Italy, after discovering that she had acquired the valuable painting.

Ms Borgogno said she likes Picasso and the prospect of being able to hang one of the 20th-century master's rare works on her wall was still sinking in.

Her son, Lorenzo Naso, bought two tickets in the raffle last December, sending one to his mother.

A woman wearing black gestures with her two hands, standing in front of a lecturn, painting and TV.
The raffle in Paris for Picasso's Nature Morte revealed that Claudia Borgogno from Italy held the winning ticket.(AP: John Leicester)

"It was maybe the best decision in my life," said Mr Naso, an accountant who lives in Paris but has been staying with his mother during the pandemic.

The raffle in Paris raised 5.1 million euros ($8.5 million), of which 900,000 euros ($1.5 million) will go to Monaco billionaire collector David Nahmad, who provided the painting.

The rest will be used by charity CARE for clean-water projects in schools and villages in Cameroon, Madagascar and Morocco.

Mr Nahmad also gave 100,000 euros ($167,000) to CARE.

"Picasso would have loved an operation like this because he was someone with a lot of interest in humanitarian and social causes," said Peri Cochin, the organiser of the sale.

She said that more than 51,000 tickets costing 100 euros ($167) had been sold in the raffle, which had been delayed by the COVID-19 crisis.

"This coronavirus crisis has made it clear how important it is to wash your hands, and that can only be done with clear water," Ms Cochin said.

At the first edition of the raffle in 2013, a 25-year-old American won the Picasso drawing The Man in the Opera Hat.

It raised 4.8 million euros ($8 million) for an association working to preserve the ancient city of Tyre, in modern-day Lebanon.

A woman wearing a face mask holds up a framed painting with red, brown and white colours.
The raffle for Picasso's Nature Morte raised $8.5 million, with tickets purchased in 100 countries.(Reuters: Charles Platiau)

After a six-year gap between the first two Picasso raffles, the organisers hope to run an annual edition of the event, helping a different organisation each year.

The highest price ever fetched by a Picasso artwork was in 2015, when the 1955 Les femmes d'Alger was sold for $US179.4 million ($273 million).

This year, tickets were bought in more than 100 countries, with the majority sold in France, the United States, Switzerland and Italy.

ABC/Wires

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2020-05-21 04:30:57Z
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