Hello David,
Thank you for the new images.

This item is one of two leaves from Pablo Picasso’s “Sueño y Mentira de Franco,” an etching series created in 1937. The etching is accompanied by the written folio that originally came with the two sheets. This piece is numbered 146 out of an edition of 850. The etching is matted and framed, and both the etching and documents are in pristine condition.

“Sueño y Mentira de Franco” is a politically charged artwork that Picasso created as a direct response to the Spanish Civil War and the rise of Francisco Franco. The series consists of two plates, each divided into nine comic-strip-like panels, depicting grotesque and satirical images of Franco. This work is notable not only for its artistic value but also for its historical significance, reflecting Picasso’s deep engagement with the political turmoil of his time.

The etching technique used in this series showcases Picasso’s mastery of the medium, combining fine lines with bold, expressive forms. The accompanying written folio provides context and amplifies the impact of the images, making this a comprehensive and powerful piece of art.

Given the historical importance, the limited edition, and the condition of the artwork, the estimated market value of this etching, including the written folio, ranges from USD 20,000 to 40,000.

Retail prices may vary