For how much did Picasso's 'Le Rêve' sell in a private sale in 2013?

Picasso’s “Le Rêve” sold in a reported private sale for $155 million in 2013.

Picasso painted “Le Rêve,” or “The Dream,” in 1932. The oil portrait shows Marie-Thérèse Walter, his 22-year-old mistress, reclining with her head tilted and her hands folded across her body. Its simplified forms and vivid, divided face reflect Picasso’s early-1930s style.

The painting was owned by casino executive Steve Wynn, who had agreed to sell it in 2006 for a reported $139 million. That deal collapsed after Wynn accidentally damaged the canvas, which was subsequently restored. In March 2013, Wynn sold the repaired work to hedge-fund manager Steven A. Cohen for the widely reported $155 million.

Because the transaction was private, the price was reported rather than established through a public auction record. That is why some accounts qualify the figure with “reportedly,” but $155 million remains the canonical quiz answer for the 2013 sale.