Picasso’s 1914 “Homme au Gibus” – valued at a million dollars – is the winning prize for an auction that will be held online this december 18th. The drawing was donated by an anonymous donor to a gallery in NY, which in turn donated the work to benefit the safekeeping of the archeological site of Tyre (Aist) in Lebanon.
There are 50,000 tickets – each costs 100 euros – the drawing – for the drawing – will be held at the auction house Sotheby’s. The proceeds will go towards creating an Institute for Phoenician and Punic studies. 40,000 tickets have already been sold
You can buy tickets at http://www.1picasso100euros.com – if you can get the webpage to load… we suspect heavy traffic is crashing the lotto server.
Read more about the history of Tyre on the Wikipedia article, linked here.