CHICAGO — A model of Pablo Picasso's famed Chicago sculpture will be auctioned next month and Christie's estimates it will sell for between $25 million and $35 million.
The late Spanish artist created the piece, named "Tete," between 1962 and 1964. The iron and sheet metal model that goes to auction on Nov. 4 in New York is 41 ½ inches tall and 27 ½ inches wide. It was later made into the 65-foot-tall, welded-iron sculpture unveiled on Aug. 15, 1967 in Chicago's downtown Daley Plaza.