The great Picasso raffle
October 16 2013
Photo: Picasso Estate/FT
EUR100 will get you a 1 in 50,000 chance of winning the above Picasso. The FT reports:
It sounds too good to be true – a Picasso worth an estimated $1m (£670,500) for €100. But “L’homme au Gibus”, or “Man with Opera Hat”, a gouache on paper dating from 1914, could be yours for the price of a Eurostar ticket.
For the first time, a work by Picasso is to be raffled. A total of 50,000 tickets will be issued, each costing €100. The work will be displayed at the Pavilion of Art and Design (PAD) in London from October 16 to 20; tickets will be on sale at PAD and are also available on the raffle website. The lottery draw will take place in Paris on December 18 and will be broadcast live on the website.
