Portrait of a woman Picasso

Feb 18, 2020. 22:19 UTC
Portrait of a woman Picasso
Frederick Lyle Von Thrauthemburg Morris
United States of America

Fine art

Acquired from

For sale

oil and gouache painting on paper, size 26.8 x 19.2 cm condition very good, aging, marked by reference number on back and prior collectors stamp




Answered within 1 day
Feb 20, 12:55 UTC
By Karine SH

Fair Market Value

$300,000 - $500,000 USD

Insurance Value

$0 USD
What does this mean?

Dear Frederick,

Thank you for contacting Mearto with your appraisal inquiry. So that I may best assist you, can you please upload an image of the back with the reference number and collectors stamp, as mentioned earlier?
Do you also have a date?



This is a conditional appraisal, which means that we have not verified the authenticity of this item. Click here to learn more about the authentication resources that Mearto offers.
Frederick lyle von thrauthemburg morris morris Feb 20, 20:46 UTC

Good Afternoon,
Sorry for the delay, the painting is currently on loan at our local Museum, went today and they had taken a photo of the back and am providing that photo now. It appears to be stamped "KUH" and "PP 395" written in pencil

Karine sh Feb 22, 14:21 UTC

Dear Frederick,

Thank you for getting back to us so quickly.

Please note that the estimate that I am going to give you is provided on the condition of authenticity, which may need to be confirmed with additional research. For more information, please visit www.mearto.com/authenticate.

Gouache and oil (?) on cream paper.
Signed ‘Picasso’ on the lower right.
26,8 cm x 19,2 cm

With prior collector’s stamp on the back.
The condition seems to be good overall.

This work seems to correspond to the year 1921 when Picasso’s work is characterized by a combination of his latest decorative Cubism and interest towards classical antiquity. Stylistically speaking it looks quite close to his 'study for three women at the fountain', MP964 held at the Musée Picasso in Paris, that you can view here:

The estimate in red has been based on comparables offered and sold at auction in the last five years. The subject work’s size, the composition, condition (based on photographs provided), medium, as well as the artists’ current auction market were taken into consideration when determining the estimate.

Best regards,


Frederick lyle von thrauthemburg morris morris Nov 07, 09:46 UTC

At this time we are unsure of the authenticity of this item and have removed it from sale.

Karine sh Nov 07, 14:01 UTC

This is fine, thank you.
Do you want us to remove this appraisal from our website?

Frederick lyle von thrauthemburg morris morris Nov 07, 15:25 UTC

Not at this time, we are awaiting a second report and will determine how to go forward at that time, thank you in advance

Karine sh Nov 07, 16:04 UTC

You are welcome.
Best wishes,

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