A Picasso painting worth €1 million has been the prize of an international raffle to benefit Alzheimer’s research. A ticket to participate in the raffle launched on Tuesday, December 9, costs 100 euros.
A number of 120,000 tickets at the price of 100 euros each are available online for this raffle, which will give a single winner the opportunity to become the owner of a portrait of Dora Maar – one of Picasso’s muses – painted by the artist in 1941, writes Agerpres.
Entitled “woman’s head”this gouache on paper measures 38.9/25.4 centimeters.
Authenticated by Picasso’s heirs and the Picasso administration, this “exceptional work has many strengths and was created during World War II by my grandfather during a difficult period in his daily life“, emphasized Olivier Picasso, the painter’s grandson, at the launch.
Kept for a time by Pablo Picasso and his family, this painting later entered a private collection before returning to the market in New York and, more recently, in Zurich.
The targeted funds, in the amount of 12 million euros, are to come into the possession of the Fondation Recherche Alzheimer foundation, for its scientific programs carried out in France and abroad, supporting European, American and Canadian teams.
Each ticket offers a chance to win and at the same time supports scientific research.
The draw will take place on April 14, at Christie’s France in Paris.
The number of people affected by a degenerative disease could double by 2050, according to WHO estimates. To raise funds, the producer Péri Cochin initiated a charity raffle (in 2013 and 2020) in which the prizes were works by the Spanish master Pablo Picasso. The first edition (2013) raised approximately five million euros for the renovation of the Lebanese city of Tire (UNESCO).
A young American then won an original drawing. The second edition (2020) raised 5.1 million euros for the NGO Care, which provides access to water and hygiene, and an Italian woman won a “Still Life” worth one million euros.