
Aquatint
13 works

Femme tenant un journal, 1915
Pencil on paper Signed upper right : Picasso
17.3 x 11 cm 6 3/4 x 4 3/8 in
Drawn in 1915, during the height of Synthetic Cubism, Femme tenant un journal (Woman Holding a Newspaper) distills the female figure into a carefully orchestrated arrangement of geometric planes and linear rhythms. The seated woman, identifiable by her stylized hair and simplified contours, is reduced to interlocking shapes, her body and surroundings merging into a continuous scaffolding of form. The newspaper she holds—one of the motifs central to Cubist experimentation—anchors the composition, symbolizing both the modern urban world and Picasso’s fascination with the interplay between text, image, and reality. Rendered in pencil, the drawing reveals Picasso’s extraordinary economy of means. With a few decisive strokes, he constructs a highly complex figure that balances abstraction with legibility. Shaded passages add depth to otherwise flattened forms, while the angularity of the figure is softened by curving lines in the chair and the suggestion of volume in her body. The newspaper itself, though partially abstracted, remains legible enough to signal its importance as a subject of daily life and a marker of time—an object grounding Cubism in modernity. This work comes from a pivotal moment in Picasso’s career, when his Cubist vocabulary was shifting away from the radical fragmentation of Analytic Cubism (1909–1912) toward the more refined and decorative qualities of Synthetic Cubism. In Femme tenant un journal, one sees Picasso refining his visual language: the figure is simplified yet expressive, constructed from shapes that feel architectural, almost sculptural, in their solidity. As a small, intimate drawing, the piece exemplifies Picasso’s ability to experiment with form on paper with the same innovation he brought to painting and collage. It is a testament to his enduring commitment to rethinking representation—where a woman holding a simple newspaper becomes not just a subject, but a study in perception, structure, and modern life. For more information about Pablo Picasso’s Femme tenant un journal for sale, contact our galleries using the form below.
Price on Application

”Rembrandt tenant par la main une jeune femme au voile” · Pablo Picasso · Grisebach · 2025-06 · $8,051

Arlequin tenant une bouteille et femme · Pablo Picasso · Sotheby's · 2023-11 · $292,100

Bacchanale avec une Femme assise tenant un Bébé (Mère, Danseur et Musicien) · Pablo Picasso · Swann · 2022-03 · $23,750

Bacchanale avec une femme assise tenant un bébé (Bloch 929; Baer 1254) · Pablo Picasso · Sotheby's · 2021-10 · $0

Homme et Femme nue tenant un Linge, from Les Metamorphoses d'Ovide · Pablo Picasso · Clars Auction Gallery · 2015-06 · $650

Pablo Picasso's drawings represent one of the most intellectually rigorous and historically significant categories within the modern art market. As the Art Basel & UBS Global Art Market Report confirms the global art market's return to growth in 2025 following a $57.5 billion valuation in 2024, Picasso drawings continue to demonstrate remarkable resilience—offering collectors access to the artist's unmediated creative process at entry points substantially below his monumental paintings while retaining exceptional long-term value appreciation.
Christie's landmark sale of Les Femmes d'Alger (Version O) at $179.4 million in 2015 and Nude, Green Leaves and Bust at $106.5 million in 2010 established Picasso's permanent position at the apex of the global auction market. Yet seasoned collectors increasingly recognize that his drawings—spanning from adolescent academic studies to the urgent, libidinal sketches of his final decade—provide the most intimate documentation of Picasso's revolutionary visual thinking.
Born in Málaga in 1881 and working until his death in 1973, Picasso produced an estimated 12,000 drawings across a career that fundamentally restructured Western visual language. The Zervos catalogue raisonné, comprising thirty-three volumes, documents this staggering output, with works on paper appearing throughout as the essential laboratory for his painted masterpieces.
Picasso's drawings are not preparatory sketches in the conventional sense. They constitute autonomous aesthetic statements that reveal his intellectual process with unparalleled clarity. From the classical precision of his early charcoal studies through the spatial ruptures of Analytical Cubism, the neoclassical monumentality of the 1920s, and the expressionistic urgency of his late period, drawings functioned as the connective tissue binding Picasso's revolutionary stylistic transformations.
The works available through Guy Hepner span this complete trajectory, from Quatre têtes d'élégantes of circa 1899—executed when Picasso was barely eighteen—through L'Etreinte of 1968, created when the artist was eighty-seven yet drawing with undiminished vigor. This chronological breadth enables collectors to engage with specific periods according to aesthetic preference and investment strategy.
Picasso's drawings demonstrate virtuosic command across diverse media, each selected for specific expressive purposes. The Guy Hepner collection encompasses this technical range.
Pencil on Paper: Works including Femme tenant un journal (1915), L'Etreinte (1968), and Homme et Femme (1926) showcase Picasso's mastery of graphite's tonal possibilities. The 1915 work emerges from the height of Synthetic Cubism, while the 1926 piece reflects his engagement with Surrealist biomorphism. The 1968 drawing exemplifies his late-period synthesis—rapid yet assured, combining linear economy with psychological intensity.
Pen and India Ink: Trois Personnages (1954) demonstrates Picasso's absolute confidence with the unforgiving ink medium, where every mark is permanent and revision impossible. This period coincides with his intensive ceramic production at Madoura pottery in Vallauris, and the drawing reflects similar spontaneity and material directness.
Brush and India Ink: The Foot Bath | Le Bain de pieds (1960), executed in brush and India ink on wove paper, represents Picasso's most painterly approach to drawing. The brush permits tonal variation impossible with pen, enabling atmospheric effects while maintaining graphic immediacy.
Charcoal and Sanguine: Quatre têtes d'élégantes employs the classical academic media Picasso mastered as a prodigy in Barcelona and Madrid. This early work demonstrates the traditional foundation from which his subsequent innovations departed—essential context for understanding his revolutionary trajectory.
Femme tenant un journal (1915) emerges from Picasso's Synthetic Cubist period, integrating newspaper references that connect to his pioneering collage experiments with Georges Braque. The subject—a woman reading—recurs throughout his oeuvre as meditation on representation and reality.
Quatre têtes d'élégantes (c. 1899) provides rare access to Picasso's formative period, executed when the artist was approximately eighteen. The classical technique and bourgeois subject matter reveal his academic training while hinting at the psychological penetration that would distinguish his mature portraiture.
L'Etreinte (1968) represents Picasso's late-period engagement with erotic themes, drawing with urgent intensity despite advanced age. These final-decade works have gained substantial critical and market appreciation as scholars recognize their synthesis of lifetime experience with undiminished creative vitality.
Picasso drawings occupy a strategically advantageous position within the broader Picasso market. While his paintings regularly command eight and nine-figure sums at Christie's, Sotheby's, Phillips, and Bonhams, works on paper offer comparable art-historical significance at more accessible valuations.
The authentication framework for Picasso drawings remains exceptionally robust. The Zervos catalogue raisonné provides comprehensive documentation, while the Picasso Administration in Paris maintains authentication authority. This scholarly infrastructure reduces provenance risk significantly compared to artists lacking definitive catalogues.
Market liquidity for Picasso drawings remains consistently strong across all major auction houses. Christie's, Sotheby's, Phillips, and Bonhams regularly feature Picasso works on paper in both dedicated sales and broader modern art auctions, ensuring collectors maintain multiple exit strategies.
Our New York advisory team provides detailed condition assessments, provenance documentation, and comparative market analysis for each work under consideration.
Contact Guy Hepner to arrange private consultation regarding available Picasso drawings and current market opportunities.

Pablo Picasso (1881–1973, born Málaga, Spain) is the most productive and formally transformative artist in the history of Western art — a figure whose influence on twentieth-century painting, sculpture, printmaking, and ceramics is so pervasive that it remains, more than fifty years after his death, genuinely difficult to assess. Born in Málaga to an art teacher father who recognised and encouraged his prodigious talent, Picasso studied in Barcelona and Madrid before arriving in Paris in the early years of the twentieth century, where the encounter with Cézanne, African art, and his own restless intelligence produced Cubism — perhaps the most radical rupture in the history of representation since the Renaissance.
Pablo Picasso prints for sale at Guy Hepner represent one of the most significant collecting opportunities in the modern art market. Our gallery offers original Picasso lithographs, linocuts, etchings, and aquatints — each accompanied by full provenance documentation and catalogue raisonné references. Whether you are seeking a signed Mourlot lithograph, a Vollard Suite etching, a Vallauris linocut, or a late aquatint, Guy Hepner has the expertise and inventory to assist collectors at every level.
Picasso's print output is among the richest and most varied in art history, spanning etchings, lithographs, linocuts, and aquatints produced across seven decades. Understanding the categories is essential to collecting intelligently.
Lithographs were produced primarily through Fernand Mourlot's atelier in Paris, where Picasso worked from 1945 onwards. Mourlot documented over 400 lithographs bearing Picasso's hand, ranging from abstract heads and Cubist still lifes to the monumental Toros y Toreros bull-fighting series. Editions typically run from 50 to 275 copies. Unsigned Mourlot lithographs trade between $3,000 and $40,000; signed examples command $15,000 to $150,000 or more depending on subject and condition.
Linocuts, produced primarily at Vallauris between 1958 and 1963 using Picasso's own colour-reduction technique, are among the most technically revolutionary of all his prints. By cutting progressively deeper into a single block, Picasso achieved complex colour sequences impossible by conventional means. Edition sizes are small — typically 50 copies — and signed linocuts frequently exceed $80,000 at auction.
Etchings span Picasso's entire career, from his earliest Parisian years through to the late suites of the 1960s and early 1970s. The medium suited his restless line perfectly, and his etched output includes some of the finest prints of the twentieth century. Edition sizes vary widely, from the 50 impressions of the Vollard Suite to smaller later editions. Prices range from $5,000 for minor early works to well over $500,000 for Vollard Suite masterpieces.
Aquatints combine etching's linear precision with tonal washes of extraordinary subtlety. Picasso's aquatint work, often produced in collaboration with master printer Roger Lacourière, includes some of his most formally sophisticated printed images. These prints are rarer than his lithographs and command significant premiums accordingly.
Authentication for all Picasso prints relies on the Bloch catalogue raisonné — the definitive scholarly record of his print output — supplemented by Mourlot's lithograph catalogue where applicable.
Picasso's paintings represent the summit of the twentieth-century market. Understanding his periods is essential for collectors.
The Blue Period (1901–1904) produced austere, emotionally charged paintings on themes of poverty, isolation, and melancholy — elongated figures rendered in blue-grey tones that echo El Greco and carry an extraordinary psychological weight. Works from this period are among the most sought-after in the history of art.
The Rose Period (1904–1906) brought warmer hues and more tender subjects — circus performers, saltimbanques, and acrobats rendered with a new formal assurance. The transitional works that followed, leading to Les Demoiselles d'Avignon (1907), represent the hinge on which the entire history of modern painting pivots.
The Cubist period (1907–1921), co-developed with Georges Braque, produced the most intellectually radical body of painting in the twentieth century. Analytic Cubism (1909–1912) fragmented forms into near-monochromatic facets; Synthetic Cubism (from 1912) introduced collage, typography, and bolder colour. Major Cubist paintings are virtually never available on the primary market; they appear at auction rarely and achieve extraordinary prices.
Picasso's auction record stands at $179,365,000 — achieved at Christie's New York in May 2015 for Les Femmes d'Alger (Version O), a 1955 work from his series responding to Delacroix. Nude, Green Leaves and Bust (1932) reached $106,482,500 at Christie's in May 2010. These are benchmark figures for a career that produced well over 16,000 works catalogued by Zervos.
The most desirable areas of the Picasso print market for serious collectors are well-defined.
The Vollard Suite (1930–1937): ninety-seven etchings (and three aquatints with Roger Lacourière) commissioned by dealer Ambroise Vollard. The suite is considered Picasso's greatest print achievement — 100 plates encompassing the Sculptor's Studio sequence, the Minotaur series, and intimate portraits of Marie-Thérèse Walter. Published posthumously by Vollard's estate, the complete suite is extraordinarily rare. Individual plates now trade from $80,000 to over $500,000.
Suite 347 (1968): three hundred and forty-seven etchings completed in seven months when Picasso was eighty-six years old — an astonishing demonstration of creative energy in extreme old age. Themes include Degas's brothel scenes, Spanish picadors, Rembrandt, and Ingres. Published by Galerie Louise Leiris. These prints represent exceptional value relative to their historical importance.
Mourlot lithographs: Fernando Mourlot's catalogue documents Picasso's lithographic output with scholarly precision. The Bloch numbers (B.1 through B.2042 for the complete print oeuvre) and Mourlot numbers together form the authentication framework used by every major auction house.
Crommelynck etchings: Piero and Aldo Crommelynck's Paris workshop produced Picasso's late etchings with extraordinary technical refinement. The 347 Suite plates were printed here, as were the 156 Series etchings (1970–1972) — Picasso's final major print campaign.
Condition criteria for print collecting: look for clean, wide margins with no trimming; avoid foxing (rust-coloured spots from paper acidity) or tide lines; fading affects lithographs most severely — examine under strong light. Impressions on Japan paper or with remarques command significant premiums.
Authentication for Picasso works operates through established institutional channels.
For prints: the Bloch catalogue raisonné (Picasso: His Graphic Work, Volumes I–IV) provides reference numbers for all known prints. Mourlot's catalogue covers lithographs specifically. The Succession Picasso estate stamp appears on many posthumously published editions. Any print without clear catalogue raisonné reference and provenance chain should be examined by a specialist before purchase.
For paintings and works on paper: the Comité Picasso (now dissolved) was the primary authentication body; the Succession Picasso now handles estate matters. The Zervos catalogue raisonné (33 volumes) is the authoritative scholarly record for paintings, drawings, and sculpture. Expert authentication by a recognised Picasso specialist is essential for any major purchase.
Guy Hepner Gallery, 177 Tenth Avenue, New York, offers full provenance verification and catalogue raisonné consultation for all Picasso works. We provide free, confidential valuations for collectors looking to sell, and access to a global network of qualified buyers. Our expertise spans ceramics, prints, linocuts, drawings, and paintings across all periods of the artist's work.