Degas, Picasso Sculptures Bring Record Prices in New York

A woman looks at Pablo Picasso's "Tete de femme" during Christie's 20th and 21st Century Art press preview in New York on April 29, 2022 Angela Weiss AFP/File
A woman looks at Pablo Picasso's "Tete de femme" during Christie's 20th and 21st Century Art press preview in New York on April 29, 2022 Angela Weiss AFP/File
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Degas, Picasso Sculptures Bring Record Prices in New York

A woman looks at Pablo Picasso's "Tete de femme" during Christie's 20th and 21st Century Art press preview in New York on April 29, 2022 Angela Weiss AFP/File
A woman looks at Pablo Picasso's "Tete de femme" during Christie's 20th and 21st Century Art press preview in New York on April 29, 2022 Angela Weiss AFP/File

A sculpture by Edgar Degas sold Thursday for $41.6 million at Christie's in New York, the highest price paid at auction for a work by the French artist, while a bronze by Pablo Picasso also broke a record.

The Degas sculpture -- "Petite danseuse de quatorze ans" -- is a delicate bronze with a brown patina depicting a young ballerina in a muslin skirt with a ribbon in her hair, AFP said.

It is not the original -- which is on display at the National Gallery of Art in Washington -- but a cast made by Adrien-Aurelien Hebrard 10 years after the 1917 death of the impressionist.

That did not stop it from setting a new record for Degas, easily topping the previous high of 22.2 million euros set by another version of the same work in 2015.

The sculpture that sold on Thursday was one of 12 pieces from the collection of Anne Bass, an American businesswoman who died in 2020.

She was the patron of several major American museums and the New York ballet, and was the wife of billionaire oil heir Sid Bass.

Among her collection were two paintings by American expressionist Marc Rothko, of which "Untitled (Shades of red)" sold for $66.8 million, and three works by Claude Monet.

His "Parlement, soleil couchant," a dark but luminous oil on canvas, sold for $75.96 million.

Christie's also announced that Picasso's "Tete de femme (Fernande)" became the artist's most expensive bronze ever sold at auction, at $48.48 million.

The Spaniard held the record for the most expensive work of 20th Century artwork ever sold at auction until Monday night, when an iconic portrait of Marilyn Monroe by American pop artist Andy Warhol brought in $195 million.

Picasso's "Les Femmes d'Alger (Version '0')" had previously set the record at $179.4 million in 2015.



Matcha: The Japanese Tea Taking over the World

A staff member at Tokyo's Milia Matcha prepares a matcha drink for a customer. Philip FONG / AFP
A staff member at Tokyo's Milia Matcha prepares a matcha drink for a customer. Philip FONG / AFP
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Matcha: The Japanese Tea Taking over the World

A staff member at Tokyo's Milia Matcha prepares a matcha drink for a customer. Philip FONG / AFP
A staff member at Tokyo's Milia Matcha prepares a matcha drink for a customer. Philip FONG / AFP

Matcha is the new drink of choice at hip cafes worldwide, but Japanese producers are struggling to keep up with soaring demand for the powdered green tea.

Here's what you need to know about the drink beloved of weekend treat-seekers and "wellness" influencers:

What is matcha?

The word matcha means "ground tea" in Japanese and comes in the form of a vivid green powder that is whisked with hot water and can be added to milk to make a matcha latte.

Green tea was introduced to Japan from China in the early ninth century, and was first used for medicinal purposes.

Matcha came much later, in 16th century Kyoto -- part of the tea ceremony tradition developed by tea master Sen no Rikyu.

Today, there are different grades of matcha quality, from "ceremonial" to "culinary" types used in baking.

How is it produced?

Matcha is made from leaves called "tencha", which are grown in the shade in the final weeks before their harvest to concentrate the flavor, color and nutrients.

This "requires the construction of a complex structure with poles and a roof to filter the light", explained Masahiro Okutomi, a tea producer in Sayama, northwest of Tokyo.

Tencha leaves, rich in chlorophyll and L-theanine, a compound known for its relaxing effects, are hand-picked and deveined, then steamed, dried and ground between two stone mills to produce an ultra-fine powder.

It can take up to an hour to produce just 40 grams (1.4 ounces) of matcha -- making the powder on average twice as expensive to produce as standard green tea leaves.

What are its benefits?

Many drink matcha for its rich grass-like taste, but others are drawn to the drink's nutritional properties.

It is rich in antioxidants, and can aid concentration because of its caffeine content: one cup contains on average 48 milligrams, slightly less than a drip coffee but nearly twice as much as a standardly brewed green tea.

"Matcha is often seen as being good for your health," said Shigehito Nishikida, manager of Tokyo tea shop Jugetsudo.

"But people are also attracted to the Japanese culture around tea: the ritual, the time taken, the aesthetics," he said.

Why is it so popular?

Japan produced 4,176 tons of matcha in 2023 -- a huge increase from the 1,430 tons in 2012.

More than half of the powder is exported, according to the agriculture ministry, mostly to the United States, Southeast Asia, Europe, Australia and the Middle East.

Millions of videos on TikTok, Instagram and YouTube demonstrate how to make photogenic matcha drinks or choose a traditional "chasen" bamboo whisk.

"I feel like Gen Z really drove this enthusiasm for matcha, and they heavily relied on social media to do so," Stevie Youssef, a 31-year-old marketing professional, told AFP at a matcha bar in Los Angeles.

Matcha can also be used in cooking, extending its appeal to others aside from tea lovers.

"Some customers simply enjoy drinking it, others like preparing it themselves. And of course, many buy it as a gift -- Japanese matcha is always appreciated," said Jugetsudo's Nishikida.