Wednesday, 23 May, 2018

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

In the United States has damaged a painting by Picasso for $ 70 million Steve Wynn's $70M painting yanked from auction; a different one was damaged years ago
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Shortly after the incident, the other Picasso work was also reportedly withdrawn by mutual agreement and both works of art are still in the possession of casino magnate Steve Wynn, Bloomberg reported.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".

Tim Cook Urges Grads to 'Think Different' During Duke University Commencement Speech
Apple is not ideal , by any stretch of the imagination, and the company certainly has other issues to contend with as well. As for how he would handle such a privacy concern, Cook has said that such a scenario isn't possible for his company.

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.

Pope Francis' RWD Lamborghini Huracan Auctioned for $861575
It was donated to His Holiness Pope Francis in a similar fashion to the Ferrari Enzo his predecessor received many years ago. Buy or sell your exotic auto at duPontREGISTRY.com and check back with Autofluence.com for more supercar news.

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.

Tyronn Lue 'Weighing' Starting Tristan Thompson in Game 2 Tyronn Lue 'Weighing' Starting Tristan Thompson in Game 2 Cleveland's 26-point halftime deficit was the largest in James' 229-game postseason career. We weren't able to get there. "The more effective we are, the more it opens up for him".

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.

NBA teams look to the future with draft lottery, combine Many collegiate stars like DeAndre Ayton , Luka Doncic, Marvin Bagley III , and more will be available in this year's draft. Orlando Magic officials have brought all sorts of good luck charms with them to the NBA Draft Lottery the last five years.

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.

Police arrest four for stealing allegedly electoral materials — APC Imo Crisis Police arrest four for stealing allegedly electoral materials — APC Imo Crisis He said this just as the panel saddled with the responsibility of conducting the congresses in Delta State submitted its report to the party.

Aston Martin unveiled a new version of the supercar DB11 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.

Vodafone CEO steps down after a decade as profits return Vodafone CEO steps down after a decade as profits return Prior to joining Vodafone , Read held senior finance positions with United Business Media and Federal Express Worldwide. Vodafone said the appointments followed an internal and external search for candidates.

West Ham hold talks with Shakhtar Donetsk manager Paulo Fonseca 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 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.

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.

Carrick makes immediate switch to coaching role at Man Utd Carrick makes immediate switch to coaching role at Man Utd I've been at this club, and it is such a great club, so I obviously know the club and the manager. I have nobody in the world of football ready to be assistant manager.

The Blacklist season 6, Brooklyn Nine-Nine saved until midseason The Blacklist season 6, Brooklyn Nine-Nine saved until midseason Actress Shannon Purser, who plays Annabelle Bowman on " Rise ", tweeted the news of the show's cancellation. Amy Poehler is one of the behind-the-scenes figures on the Thursday night show.