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NEWS ABOUT: Pablo Picasso

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Missing Picasso Found in Iraq?! Probably Not.

The Naked Woman likely not missing, nor a Picasso, say experts

(Newser) - Iraqi security forces have secured a purported Pablo Picasso painting believed stolen from a Kuwaiti museum during the 1990 invasion, the Times of London reports. Only it’s probably not a Picasso. “It bears absolutely no relation to any Picasso that I can think of,” says one expert.... More »

Picasso Sketchbook Worth $16M Stolen in Paris

(Newser) - Thieves stole a sketchbook containing 33 Pablo Picasso drawings from the Picasso Museum in Paris, the Daily Mail reports. The security system was somehow disabled and there was no sign of forced entry. The theft occurred sometime last night or early today and resembles the 2007 robbery of the home... More »

Picasso's 'Magical' Château to Open

Studio, burial ground private up til now

(Newser) - This summer, art fiends can visit Pablo Picasso’s final resting place for the first time—a château where “he devoted himself completely to his art,” the Telegraph reports. Picasso discovered Château de Vauvenargues in the foothills of France’s Mont Sainte-Victoire, a mountain made famous... More »

Buyers Return for Healthy Christie's Sale

Auction house pulls in $103M, besting rival Sotheby's

(Newser) - The art market performed better last night at Christie's New York sale of Impressionist and modern art, pulling in $103 million after a lackluster showing by its rival Sotheby's on Tuesday. The top lot was a 1968 portrait by Picasso, which sold for $14.6 million. As the Wall Street ... More »

Sotheby's Sale Busts, Picasso Goes Unsold

$61.3M result fails to reach low estimate

(Newser) - The art market failed to recover from its recent slump last night, as Sotheby's held a disappointing New York sale that saw works by Picasso and Giacometti go unsold. The small auction of 36 lots brought in just $61.3 million—well below the low estimate of $81.5 million.... More »

Strapped Art Market Preps for Auctions

Expectations low as auction houses try variety of tactics

(Newser) - After a 7-year boom, art auction houses are struggling as collectors hit hard by the recession close their wallets. Sotheby’s predicts it will pull in $179 million to $256 million at spring sales, compared to $742 million a year ago. As the spring events approach, auctioneers are employing an... More »

Sotheby's Pulls $30M Picasso on Market Jitters

Top lot in Nov. auction withdrawn as seller panics

(Newser) - A painting from Picasso's Cubist period that was one of the highlights of the fall auction season has been pulled "for private reasons," Sotheby's New York office said yesterday. The withdrawal of Arlequin, a 1909 work which was estimated at more than $30 million, had been rumored for... More »

Hirst Auction Yields $199M

Dealer-less London sale smashes records

(Newser) - Damien Hirst sold 223 pieces of artwork for $199 million by the end of a two-day auction yesterday, shattering the record for most revenue in an auction of a single artist’s work, Forbes reports. The previous mark was held by Pablo Picasso, with 88 sold for $20 million in... More »

Ownership Dispute Swirls Around NY Picassos

Heirs of German-Jewish banker say Nazis forced sale of paintings, now worth millions

(Newser) - The heirs of a German-Jewish banker are demanding that New York’s Museum of Modern Art and Guggenheim relinquish possession of two works by Picasso, Der Spiegel reports. The heirs say the two paintings, Boy Leading a Horse and Le Moulin de la Galette, unjustly fell into the hands of... More »

Economist Rates Art by Numbers

Professor studies textbook reproductions to determine greatness

(Newser) - Most art historians would agree that Pablo Picasso's Demoiselles d'Avignon is a great painting. But one economist says it's the best work of art of the 20th century, and he can prove it. The New York Times reports on the work of David Galenson, who analyzed the frequency of reproductions... More »

Brazil Thieves Nab 2 Picassos

Second time in weeks that Sao Paulo criminals have stolen Pablo's work

(Newser) - Picasso remains the artist of choice for the criminal elite of Sao Paulo, Brazil. Three armed robbers made off with two of his prints—The Painter and the Model and Minotaur, Drinker and Women—from a city museum today, Reuters reports. The robbery comes just weeks after thieves nabbed Picasso's ... More »

Brazilian Cops Recover Stolen Picasso

Blue Period painting taken from Sao Paulo museum last month

(Newser) - Police in Brazil have recovered a Picasso painting stolen from a Sao Paulo museum last month and arrested two suspects yesterday. The Picasso, Portrait of Suzanne Bloch, and a painting by Brazilian Candido Portinari are valued at a combined $55 million. The thieves broke into the museum using a hydraulic... More »

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