NEW YORK (AP) — An erotic painting of a cabaret singer by Pablo Picasso with a second picture on the reverse side could bring over $60 million at auction.
Picasso's "The Night Club Singer" from his Blue Period was created in 1901.
A bawdy picture of his dealer, Pere Manach, is on the back. Sotheby's says it was revealed during a 2000 conservation. An inscription indicates it was intended as a gift to Manach.
The seller is billionaire businessman William Koch (kohk), who displayed it so it could be seen from both sides.
He's also selling a 1908 "Water Lilies" painting by Claude Monet. It's estimated at $30 million to $50 million.
The sale is Nov. 5.
Koch is a 1992 America's Cup winner and brother of conservative donors Charles and David Koch.
This story has been corrected to show the correct title of the work is "Water Lilies," not "Water Lily."