• $ 1.7
  • € 1.7604
  • ₽ 1.7617
  • ₺ 0.0472
  • £ 2.1151

25-year-old wins $1m Picasso in a raffle

25-year-old wins $1m Picasso in a raffle
20.12.2013 23:01
A million-dollar drawing by Pablo Picasso was snapped up on Wednesday by a 25-year-old art lover from Pennsylvania at an online charity raffle for a mere $140.Jeffrey Gonano had been looking for a picture to hang on his living room wall when he read a news article about L'Homme au Gibus (Man with Opera Hat), raffled by Sotheby's in Paris.'I was looking for art and I thought I might as well,' the project manager at a fire sprinkler firm said.His girlfriend, Gloria Spataro told triblive.com: 'He just recently began looking for pieces of art for his home.'Despite the enormous value of his new acquisition, Mr Gonano, from Wexford, vowed not to sell the artwork - at least for the time being.His winning ticket, 747815 - picked by a computer system on Wednesday - was one of 50,000 put up for sale online at 100 euros each to raise funds for an association working to preserve the ancient city of Tyre, in modern day Lebanon.Organizers said that buyers from France and Germany to Iran and Kyrgyzstan had taken part, with a particularly large number of Americans.The small drawing dates from 1914, during the artist's Cubist phase, and was purchased by the Association to Save Tyre from a New York gallery with the help of a large bank loan. Organizers say they paid slightly less for the work than the one million dollar estimate given by Sotheby's experts.The sale was given the green light by Picasso's grandson Olivier Picasso who said his grandfather would have been thrilled that his work was being put to good use.'My grandfather was a pioneer in everything, in his love life, in his artwork, so tonight I'm sure he would have helped the cause,' he said.For the moment the work's new owner said he still could not believe his luck.'I'm still in shock. I've never won anything like this before... Obviously,' he said.(dailymail.co.uk)ANN.Az
Similar news
Similar news
Azerbaijan, Israel to cooperate in education
Culture 11:30
Azerbaijan, Israel to cooperate in education
Cultural Center building in Khankandi to be restored
Culture 15:05
Cultural Center building in Khankandi to be restored
Hamas to send team to Cairo to discuss latest Gaza proposal
Culture 14:30
Hamas to send team to Cairo to discuss latest Gaza proposal
Today marks First Tuesday before Novruz in Azerbaijan
Culture 09:30
Today marks First Tuesday before Novruz in Azerbaijan
Baku’s Old City included in UNESCO World Heritage Calendar 2024
Culture 16:00
Baku’s Old City included in UNESCO World Heritage Calendar 2024
Death toll in Gaza rises to 21,507
Culture 10:30
Death toll in Gaza rises to 21,507
Russian envoy to Azerbaijan lays wreath at Muslim Magomayev's grave
Culture 16:00
Russian envoy to Azerbaijan lays wreath at Muslim Magomayev's grave
Azerbaijan to work to include Nakhchivan’s historical and architectural monuments in UNESCO list
Culture 18:30
Azerbaijan to work to include Nakhchivan’s historical and architectural monuments in UNESCO list
Deputy minister: Work underway toward declaring Ganja and Baku UNESCO World Book Capital
Culture 15:30
Deputy minister: Work underway toward declaring Ganja and Baku UNESCO World Book Capital
Anews TV

Our official Youtube channel

Subscribe