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NEWS ABOUT: Picasso

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Gallery of Stolen Art Found in Picasso Suspect's Home

Cops say NJ man went on art theft spree last month

(Newser) - The New Jersey man arrested for stealing a Picass o from a San Francisco gallery last month was apparently trying to add to his personal collection of stolen art, police say. Authorities raided Mark Lugo's home in Hoboken and found 11 stolen artworks—including another Picasso drawing—worth a... More »

Picasso Thief Busted

NJ wine steward nabbed for theft of $200K sketch

(Newser) - A thief who strolled out of a San Francisco gallery with a stolen Picasso has been arrested and the 1965 pencil sketch has been recovered, police say. The suspect, a man who flew in from New Jersey the day before the theft, was found staying with friends in Northern California'... More »

Thief Nabs Picasso Drawing, Hails Taxi

And still gets away with it

(Newser) - Seems like something that deserves the " dumb criminals " label, except that he got away: A thief nabbed a $200,000 Pablo Picasso pencil drawing in a San Francisco gallery yesterday, then hailed a cab and vanished. The man, who was well-dressed and wearing dark glasses, apparently grabbed the... More »

Painting of Picasso's Mistress Fetches $40M

La Lecture sells for double estimate

(Newser) - A painting of the teenage mistress Pablo Picasso picked up outside a Paris Metro station in 1927 has sold for $40 million at auction. La Lecture, which shows Marie-Therese Walter asleep in a chair, was sold to an anonymous buyer for double the expected price, the Telegraph reports. The painter... More »

Picasso Biographer: Lost Painting Stash Must Be Stolen

No way Picasso would part with some of these gems

(Newser) - Pablo Picasso’s biographer doesn’t buy Pierre Le Guennec’s story that the great artist just gave him 271 lost or unknown works in exchange for electrical work. The works must have been from a large collection Picasso was forced to remove from his Paris apartment when the French... More »

Electrician Reveals Trove of Lost Picassos

Legal battle looms over 271 previously unseen works

(Newser) - A retired electrician has come forward with a treasure trove of 271 previously unseen paintings and sketches from Pablo Picasso, which he says the master painter gave him after he helped install alarm systems in several of his homes, the AFP reports. There’s just one problem: Picasso’s heirs... More »

Christie's Sells Picasso for $51.2M

But many others go unsold at big auction

(Newser) - Mixed news for the world of art today out of London: A 1903 Picasso (Portrait d'Angel Fernandez de Soto) sold for a healthy $51.2 million, but 16 of 62 paintings went unsold at Christie's major auction. The big non-seller was a Monet waterlily painting (Nympheas) expected to fetch $30... More »

Thieves Snag 2nd Picasso in France

Lithograph lifted from private collector in Marseilles

(AP) - Thugs stole a Picasso lithograph and four paintings from a collector's home yesterday in Marseille, on the heels of the $123 million art heist from Paris' Museum of Modern Art. Judicial police said today that two men managed to get past two security gates yesterday at the home of the... More »

Why We Love Gutsy Art Heists

Thefts of masterpieces just classier than other crimes

(Newser) - Sure, it was a tragic loss when a thief made off with a priceless haul of Picasso, Matisse, and Braque paintings yesterday. But it was also a pretty great story, Paul Farhi writes in the Washington Post . Big art heists "aren't like ordinary crimes, which are dreary and depressing,... More »

Paris Heist Museum's Alarm Was On the Fritz

System 'partially malfunctioning' since March

(Newser) - So how does a lone thief manage to steal five masterpieces from a museum? It doesn't help when the alarm isn't working. The mayor of Paris says one of the systems at the Museum of Modern Art had been "partially malfunctioning" since March, reports ABC News of Australia . The... More »

Art Stolen From Kate Moss Mansion as She Slept

Cops nab man, 24

(Newser) - A $115,000 Banksy portrait and other art work was stolen from model Kate Moss' $10 million London mansion as she and her family slept. A 24-year-old man has been arrested in the theft, though police did not reveal if the art was recovered. Moss, 36, was staying in the... More »

Picasso, Matisse Stolen in $635M Paris Heist

Paris Museum of Modern Art finds 5 masterpieces missing

(Newser) - Five paintings—including masterpieces by Matisse and Picasso—were reported missing from the Paris Museum of Modern Art this morning, the AP reports. Staff discovered that a window and padlock had been broken, and security footage shows a person climbing in through the window. The works are worth an estimated... More »

'Unseen' Picasso Fetches $13M

Tete de Femme (Jacqueline sells for double pre-sale estimates

(Newser) - A Picasso painting not seen in public for over 40 years went under the hammer at Christie's of London yesterday, fetching a cool $13 million. The painting, Tete de Femme (Jacqueline) was painted in 1963 and depicts the artist's second wife. The painting brought double its expected pre-sale value, Reuters... More »

How to Fix a Torn Picasso

Restoration will halve painting's value

(Newser) - It's painstaking work, but conservators can indeed repair the Picasso torn by a clumsy museum patron. Once restored, however, the painting will likely lose about half its $130 million value, reports the New York Post . A few different repair options are available, notes the Explainer column in Slate . With the... More »

9 Other Pricey Art Mishaps

Pablo Picasso's 'The Actor' is hardly the first expensive accident

(Newser) - The art student who tripped and tore a hole in a Picasso painting is probably fairly embarrassed—but will, perhaps, feel better knowing others can sympathize. The Independent lists nine other art catastrophes, some accidental and some not:
  • Cy Twombly: A woman kissed one of his paintings, leaving it smeared
... More »

Thieves Grab 30 Paintings in France

Picasso, Rousseau works vanish after Degas is stolen

(Newser) - Brazen thieves grabbed $1.5 million worth of paintings by Picasso, Rousseau and other artists from a home in southern France while the owner was vacationing in Sweden. Discovery of the theft in the medieval town of La Cadière d'Azur occurred less than a week after a $1.6... More »

Color Christie's Blue Over Weak Modern Sale

Picasso, Mondrian flop at sparsely attended auction

(Newser) - A New York art dealer at the Christie's auction last night decreed "the recession is ending," but apparently not soon enough to move 13 of 41 modern and impressionist art works on offer, leaving the auction house millions of dollars short of pre-sale estimates. Major works by Picasso... 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 »

Thieves Nab a Picasso in Museum Heist

Work by Portinari also missing after quick strike in Brazil

(Newser) - Thieves broke into Latin America's foremost museum early yesterday and stole two paintings in a 3-minute heist. They made off with a Picasso portrait and a work by Brazilian painter Candido Portinari from Brazil's São Paulo Museum of Art, the AP reports. The thieves skipped several major works and... More »

Russia Cancels UK Painting Exhibition

Art reversal is latest salvo in worsening diplomatic tit-for-tat

(Newser) - A major exhibition of Russian-owned art in London was canceled today, the Guardian reports, the latest casualty of cooled relations in the wake of the Alexander Litvinenko affair. More than 100 paintings were to go on exhibition Jan. 26 at London's Royal Academy, but Russian agencies are now refusing the... More »

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