Rare antique paintings expected to go for millions
Picasso works are to be auctioned off.
Auctioneers Sotheby's and Christie's are hosting a sale this year that will see rare antique paintings go under the hammer.
The two works by Pablo Picasso have not featured on the market for years and are expected to fetch millions between them when theyare put up for bidding on May 4th and 5th, the Associated Press reports.
Femme au Chapeau, Buste is being auctioned off by Sotheby's onthe 5th - a painting that previously belonged to one of president John Kennedy's sisters. It is thought it will be bought for between$8 million (£5 million) and $12 million.
Christie's will be presenting Nude, Green Leaves and Bust, apiece that is likely to go for between $70 million and $90 million.
A similar event saw Sidney Nolan's depiction of famed Australian out law Ned Kelly - called The First Class Marksman - sell recently for AU$5.4 million (£3.3 million), a record for the country.