Reference no: EM133609403

Question: One of the few early Picasso Cubist works still in private hands, it sold for £43.2 million at a Sotheby's London evening sale in 2016, where it exceeded the $43.1 million pre-sale estimate. The painting's anonymous seller, who held onto the work for four decades, bought Femme Assise in 1974 at Sotheby's for £340,000. A telephone bidder with Adam Chinn, Sotheby's former head of Art Agency, Partners, won the work during Sotheby's London auction in 2016. This is the painting, btw: b) Barclays Bank in the United Kingdom offers a saving deposit (denominated in British pounds) that pays 3.2% a year from now. 1