Offbeat She wins a Picasso painting during a charity lottery

22:15  22 may  2020
22:15  22 may  2020 Source:   fr.metrotime.be

Picasso painting for 100 euros: "My mother had never won the Loto"

 Picasso painting for 100 euros: "She never had a chance, this painting will change her life," said Lorenzo Nazo when he learned that, thanks to his mother had won a Picasso painting worth a million euros. It was this 25-year-old Italian who had given his mother two tickets in December - 100 euros each - for the charitable lottery "1 Picasso for 100 euros" organized with the help of the Picasso museum. A "Christmas gift", which enabled his mother to become, this Wednesday evening, the owner of a painting by the Spanish master.

  Elle gagne un tableau de Picasso lors d’une loterie caritative © Metro

The drawing of the charity lottery "A Picasso for 100 euros" to finance projects of access to water in Africa by the NGO CARE, a awarded the canvas “Still Life” to an Italian woman on Wednesday, and more than 5.1 million euros were subscribed in total.

The electronic draw, broadcast live on the internet, took place in very small groups at Christie’s. The beneficiary is an Italian, who picked up the painting with a ticket that had been offered to her.

The bailiff had by his side only Péri Cochin, initiator of the project, Emanuela Croce, director of communications for CARE, and representatives of the Picasso Estate and the Picasso Administration who authorized the operation.

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A painting valued at one million euros

"Still Life", a geometric composition from 1921 representing a piece of newspaper and a glass of absinthe, had been valued at one million euros.

Care's project was "to bring clean water to 200,000 people in Madagascar, Cameroon and Morocco". 200,000 100-euro tickets had been on sale for months on the site " 1picasso100euros.com ", with the hope of raising 20 million euros. Funds have been raised in more than 100 countries, said Péri Cochin. Over 51,000 people paid 100 euros to participate.

The French were the most supportive with 29% participation, followed by the Americans (21%) and the Swiss (19%). "20 million euros was very ambitious. With more than 5 million, we achieved an exceptional result for a very complicated operation in a very complicated period ", reacted to AFP Emanuela Croce.

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4.2 million euros for the Care

project One million euros was to be paid to the owner of the painting, collector David Nahmad, but he decided to make a move and only charge for the work 900,000 euros.

4.2 million euros will finance the Care project.

In 2013, the organizers of this lottery had tested the concept, managing to raise a little less for a renovation project in the Lebanese city of Tire, classified as a UNESCO World Heritage Site. Jeffrey Gonano, an American from Pennsylvania, was the lucky winner of another work by Pablo Picasso.

Article She wins a Picasso painting during a charity lottery appeared first on Metro .

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