Picasso Jewelry Pieces Trample Estimates at Auction

Three rare jewelry pieces created by artist Pablo Picasso all soared past their initial estimates on March 18 at Skinner Auctioneers—selling for nearly $400,000 total. 

A silver pendant, featuring the familiar Picasso satyr motif, brought $153,000.

 A round silver Sun pendant fetched $141,000.


A silver brooch depicting Picasso’s son Claude as a boy in profile sold for $92,250.

(Photos courtesy of Skinner)

All originally carried estimates of $15,000–$20,000. They all ended up with a single purchaser, who was not identified.

“We’re pleased to see these works of art remain together,” Gloria Lieberman, vice president of sales at Boston-based auction house, said in a statement.

Picasso made the pieces early in his career, Skinner said. He then gave three of those pieces to Françoise Gilot, the mother of two of his children, Claude and Paloma. Gilot passed them on Carole Mallory, who was engaged to Claude, and sold them through Skinner.

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