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Paula Rego’s work “The Treasure Island” sold for 200 thousand euros at auction

A picture of Paula Rego, titled “The Treasure Island”, was sold last week at an auction in Lisbon for 200 thousand euros, the auction house Palacio do Correio Velho announced in a statement.

In the auction held on Wednesday and Thursday, three paintings by Júlio Pomar (1926-2018) were also sold: “Casamento”, which went to the square for 100,000 euros and bought for 180,000 euros, “Entrada de Touros”, rose from base of € 80,000 to € 120,000, and “Um Taureau dans une coquilhe” was sold for € 40,000, which was the basis for bidding.

According to the auction, 624 lots were presented at this auction of Antiques and Modern and Contemporary Art.

“The Treasure Island” by Paula Rego, painted in 1972, in mixed technique with collages on canvas, with dimensions of approximately 120 by 120 centimeters, took a minimum estimate of 200 thousand euros, value for which it was sold.

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