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French Engineer Turns $118 Raffle Ticket Into $1.2 M Picasso Painting

ARTnews.com·Leigh Anne Miller·about 2 months ago
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A 58-year-old Paris-based engineer named Ari Hodara bought a raffle ticket on a whim, and ended up winning a gouache-on-paper painting by Picasso a few days later. The 1941 painting, Head of a Woman , is a portrait of the French artist’s lover and muse Dora Maar, an artist in her own right who was frequently painted by Picasso. Before Hodara, the portrait was owned by Opera Gallery, an international operation with branches in Europe, Asia, the Middle East, and the U.S. The gallery sold 120,000 tickets for 100 euros (about $110) each, to hopeful art enthusiasts around the world. The first 1 million euros ($1.2 million) raised went to Opera Gallery, with the rest being donated to the Fondation Recherche Alzheimer, a French organization. Related Articles The charitable endeavor, called “1 Picasso for 100 Euros,” was launched in 2013 by the Beirut-born French journalist Péri Cochin.…

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