Steve Wynn accidentally destroys his $40M Picasso
 

...which he had just sold to Steven Cohen for $130M.

Ouch!

Doh!

http://www.newyorker.com/talk/conten...alk_paumgarten

edit: $48M!

duct tape fixes everything

Damn that sucks.

Damn that must have hurt, even though it seems not to have bothered him that much

Fuuuuuuck.

sounds like a bs story

im sure it was insured for more then he paid for it

haha poor guy

Any collectible/painting worth over $100,000,000 should be encased or surrounded by bulletproof glass 100% of the time, no acceptions.

Must be nice to say oh well :)

insurance claim


Mr. Romance

Nora Ephron's account of it.

http://www.huffingtonpost.com/nora-e...s_b_31800.html

that hurts

great read

well that fucking sucks :(

Sounds like BS I agree

This is Picasso's "Le Rêve."

http://upload.wikimedia.org/wikipedi..._reve_copy.JPG

goes to show that its not just kids who make fuck ups on occasion, even the guys with milions tend to make mistakes. Have to remember that when my new kid runs a hammer into the mustang when running to the backyard to help me

http://www.productionmyarts.com/Imag...-reve-1932.jpg

I don't think so:

"Wynn suffers from an eye disease, retinitis pigmentosa, which affects his peripheral vision and therefore, occasionally, his interaction with proximate objects, and, without realizing it, he backed up a step or two as he talked."

It's sad to hear about such an important part of art history being damaged.

I've owned several original Picassos, and still have several hanging on my walls. None of them are worth 140 million dollars though. He's my favorite artist:

One was destroyed in that Swissair crash that time.

edit: he had a buyer for 139 million ;)

"Cohen agreed to pay a hundred and thirty-nine million dollars for it, the highest known price ever paid for a work of art."

i think think this is bogus

Dang, his side chick had popeye forearms.

doink' that sucks!

It was all over the local news here.

Very cool painting.

ouch, that sucks..

However it is not "destroyed". It has a 2 inch tear apparently that art restorers are currently fixing. Should be good as new within a couple of months they say.

This kind of art's place is in museums, not in private collections.

its insured

It should have been in a museum anyway.

thats alot of cash

I would die on the spot if I did that. Very interesting story.

Kind of reminds me of when Mr. Bean sneezes on the Whistler's Mother painting and when they unveil it, it has a big cartoon nose he drew with a sharpie...hahaha

http://images.amazon.com/images/P/63...1.LZZZZZZZ.jpg

Damn, that's an expensive ass fuck-up

Could you imagine the dealer's commish that went south? Gotta be in the millions. That's the guy I'd cry (sort of) for.

uyy that's gotta HURT!

too bad :)

holly molly

oh god that must have sucked.

that shit is fucking classic :1orglaugh

I like art too but I think the most I have ever paid for a picture at any time is $500! I guess I have a long ways to go still lol. Melissa

Miro is my favourite

got me fucked how ppl can pay that sort of cash for crap
more money then sense , fucking idiots , the painting at hand , fuck me its a fucking ugly piece of shit ,

Yes even you wife yelling :1orglaugh

Damn..I guess the insurance will help burden the pain

A nice Miro with excellent provenance went through on Ebay UK earlier this year, went for around £10k which I thought was a steal. Only gonna soar in value.

ouch - i would be mad :helpme