The Yellowstone Art Museum is offering a rare 1962 print by Pablo Picasso, titled "Portrait "d’Homme à la Fraise, Variation d’après El Greco," as part of its annual art auction.

The exhibit featuring works by 131 area artists whose work is part of YAM Action 50 opens with a public reception on Jan. 25.

The auction, now in its 50th year, has opened the door between artists and collectors and has helped make Billings an art-rich environment.

The auction is Saturday, March 3. The event, to be held at the museum at 401 N. 27th St., is the YAM’s most significant fundraising event, generating proceeds in support of exhibitions and educational programming for the entire year.

The opening event for Auction 50 will be the first chance to view this year’s selections from 131 artists from across the nation, including 110 Montana artists. There will be live music and hors d’oeuvres. Admission is free for members. Silent auction bidding, with a buy-it-now option, begins at 5:30 p.m. The exhibition will remain open for viewing up to the main event. Buy-it-now for Silent Auction artwork ends Friday, March 2, at 8 p.m.

YAM Auction 50 consists of a silent auction, a live auction, a Quick Draw, cocktails by High Horse Saloon & Eatery, and gourmet heavy hors d’oeuvres catered by Thomas Nelson Catering, all within the galleries of the YAM. The auction begins Saturday, March 3, at 5 p.m.

The opportunity to auction the Picasso print was made possible by Galerie Michael. 

Advance tickets to the Art Auction event go on sale Thursday, Jan. 25, online and at the museum. General admission tickets are $95 per person and $105 at the door. The live auction bidding begins at 7 p.m. and will conclude with a raffle drawing for jewelry donated by Montague’s Jewelers. Raffle tickets may be purchased separately and ticket holders need not be present to win.