Sotheby's to Auction Off 11 Picassos from Las Vegas Hotel
August 16 2021
Posted by Adam Busiakiewicz:
Interesting news from the US that Sotheby's will be auctioning off 11 Picassos from the Bellagio Hotel in Las Vegas. Famously, these art works were collected by the hotel's eccentric founder Steve Wynn. It is believed that around $70m - $100m will be raised to allow the hotel to expand its contemporary art collection. Furthermore, reports have suggested that the auction will take place in the casino itself.
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One wonders whether the new collection will consist entirely of screens displaying NFTs?
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