Thursday, 16 August, 2018

Picasso self-portrait valued at $70M damaged shortly before art auction begins

Bloomberg в США повредили автопортрет Пикассо стоимостью $70 млн Picasso self-portrait valued at $70M damaged shortly before art auction begins
Russell Knight | 15 May, 2018, 16:47

Pricey mistake: A Picasso worth an estimated $70 million had to be yanked from an auction at Christie's this week because it sustained damage as workers were preparing it.

But the painting was pulled shortly before it was due to go under the hammer, with the auction house announcing the artwork was "accidentally damaged Friday during the final stages of preparation" and that it would now require restoration.

Shortly after the incident, the other Picasso work was also reportedly withdrawn by mutual agreement and both works of art are still in the possession of casino magnate Steve Wynn, Bloomberg reported.

Two outside conservators have now been brought in to make recommendations for the successful restoration of the "Le Marin".

Aston Martin unveiled a new version of the supercar DB11
The DB11 V12 AMR Edition is limited to 100 units and will set you back approximately $270,000 United States dollars . More aggressive design theme continues inside, where there's a monochrome trim and Alcantara upholstery.

West Ham hold talks with Shakhtar Donetsk manager Paulo Fonseca
However, he was never truly accepted by the West Ham support, and many have called for him to be dismissed at the end of the season.

Kristen Stewart Climbs Cannes Red Carpet Stairs Barefoot
Taking them off before heading up the stairs at Palais des Festivals she provided the event with a moment of reality amidst the festival's fantasy.

Last Tuesday, Christie's sold Pablo Picasso's 1905 "Fillette a la corbeille fleurie" ("Young Girl With a Flower Basket") for $115 million, making it the Spanish master's second most expensive work ever sold at auction. In 1997, Christie's auctioned "Le Marin" off for $8.8 million and then Wynn purchased the oil on canvas painting in a private deal. "We have taken immediate measures to remedy the matter in partnership with our client".

It's not the first time a Picasso owned by the mogul has been damaged. In 2006 the billionaire put his elbow through Picasso's 1932 "Le Reve" whilst showing it to guests in Las Vegas. In fact, a $139 million deal had already been signed with Steve Cohen, the hedge-fund manager and art collector, at the time the damage occurred.

Wynn suffers from a disease that affects his peripheral vision, which may have played a role in the incident with "Le Rêve".

Wynn resigned as chief executive officer of Wynn Resorts Ltd.in February and stepped down as finance chairman of the Republican National Committee amid allegations of sexual misconduct.

Recommended

European Union warns Brexit Britain: 'The clock is ticking' European Union  warns Brexit Britain: 'The clock is ticking' The EU has said London must come up with a solution for the Irish border and highlights that has not happened. Mrs May's spokesman said London was working on two options for post-Brexit customs cooperation.

School board approves union contracts including those for teachers School board approves union contracts including those for teachers Meanwhile, in NY , school districts will be holding their annual budget votes and school board elections on the same day. The district has to go to a contingency budget if voters reject a proposed budget a second time.

Could Priyanka Chopra be the next superhero Ms Marvel? Could Priyanka Chopra be the next superhero Ms Marvel? The project will reportedly be considered after the release of Brie Larson's Captain Marvel and untitled Avengers 4 in 2019. According to Avengers Infinity War Producer, Kevin Feige one of those characters is Kamala Khan also known as 'Ms Marvel '.

BJP surges in Karnataka, Congress stunned BJP surges in Karnataka, Congress stunned What happens next depends entirely on the governor of the state, Vajubhai Vala, who was appointed by the centre four years ago. Dewe Gowda, which has been expected to play the role of a kingmaker in the event of a hung Assembly, was leading in 43 seats.

HP ENVY Curved AiO 34 to be first Alexa-enabled PC HP ENVY Curved AiO 34 to be first Alexa-enabled PC Besides, the EliteBook x360 1030 G3 has a full-HD (1080p) webcam and comes with 18 hours of battery life on a single charge. HP Audio Stream has been baked in, too, allowing you to use the ENVY AiO's speakers as the Bluetooth output for your phone.

Jared Kushner is Finalizing President Trump's Mid-East Peace Plan Vanity Fair writer Vicky Ward is working on a book about Jared Kushner and Ivanka Trump , and they aren't going to like it. According to the Jewish Press , after Yosef's speech , Ivanka Trump and Kushner approached him and asked for his blessing.

Gemini Exchange to Add Zcash, Bitcoin Cash, Litecoin, and Ethereum Classic Gemini Exchange to Add Zcash, Bitcoin Cash, Litecoin, and Ethereum Classic Investors can then use their newly-acquired Bitcoin or Ethereum to buy Zcash using one of the exchanges listed above. However, the full integrations of these other cryptocurrencies onto the exchange have not been announced as of yet.

Nokia X6 specs, price leaked: Notch display, Snapdragon 636 and more Nokia X6 specs, price leaked: Notch display, Snapdragon 636 and more Xiaomi teased on its social media handle that the company is launching an all-new smartphone in India which will focus on selfies. The Redmi Note 5 Replica? The screen is 5.8” in diagonal with Full HD+ resolution and a notch, leading to the trendy 19:9 ratio.

Lois Lane Actress Margot Kidder Has Passed Away At Age 69 Lois Lane Actress Margot Kidder Has Passed Away At Age 69 She was arrested at the White House in 2011 during a protest against the construction of an oil pipeline from Alberta to Texas. Actor Christopher Reeve, as Superman , and Margot Kidder , as Lois Lane, appear in a scene from the 1978 movie " Superman ".

Like Your Most Drunken Saturday Nights, Jupiter's Moon Spews Liquid Like Your Most Drunken Saturday Nights, Jupiter's Moon Spews Liquid But the only evidence of these plumes came from some blurry images captured by the Hubble Space Telescope . Galileo actually did a flyby of that location, and it was the closest one we ever had.

Scott Arfield's Burnley exit confirmed Scott Arfield's Burnley exit confirmed Arfield's excitement intensified when he discovered Steven Gerrard was going to be his new manager. Rangers are expected to add several new players this summer, with Arfield the first of many.

CBS Sues Controlling Shareholder National Amusements, Accuses Shari Redstone Of Undermining Board CBS Sues Controlling Shareholder National Amusements, Accuses Shari Redstone Of Undermining Board National Amusements , the investment vehicle controlled by the Redstone Family, owns almost 80 percent of Class A voting shares. Although NAI holds voting power in CBS , it only owns just over 10 percent of the economic interest in CBS .

HSBC claims first trade transaction with blockchain HSBC claims first trade transaction with blockchain Thailand's Central bank also announced a similar blockchain-based consortium involving some of the top banks in the country. It included a shipment of soybeans from Argentina to Malaysia via Cargill's subsidiaries in Geneva and Singapore.

Senators Query AT&T CEO on Michael Cohen Payments, White House Contacts Senators Query AT&T CEO on Michael Cohen Payments, White House Contacts They pulled out of the Iran deal, which may turn out to be catastrophic. Although AT&T's statements were meant to distance itself from Mr.

Incremental North Korean denuclearisation will be unacceptable - South Korea official Incremental North Korean denuclearisation will be unacceptable - South Korea official Thae also noted that North Korea was likely to open its borders to tourism projects near its coast. Trump, a businessman-turned-president, must have kept in mind his signature "art of the deal".