BILLIONAIRE KOCH SELLS PICASSO’S LA GOMMEUSE FOR INSANE PRICE

Sotheby's Auction House Unveil Their Mystery Masterpiece

If you have a lot of money, one thing is almost certain, you’ll be an art collector. This is true for oil billionaire Bill Koch. He bought Picasso’s La Gommeuse back in 1984 for a paltry $3 million. The rare piece from the ‘blue period’, which depicts a nude cabaret dancer, has increased in value somewhat since then.

Photo by Justin Tallis / Getty Images

Photo by Justin Tallis / Getty Images

The sale, to Swiss dealer Doris Ammann, netted Bill Koch an incredible $67.45 million.

The painting has a fascinating history, in 2000 a reverse side of the painting was discovered in which Picasso painted his roommate Pere Mañach frolicking nude.

Photo by Justin Tallis / Getty Images

Photo by Justin Tallis / Getty Images

That wasn’t Koch’s only sale of the evening, he sold off multiple pieces from his Impressionist and modern art collections and in total brought home $306.7 million. Not bad for a Thursday!

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