Women of Algiers becomes the most expensive painting to sell at auction, selling for $160m (with commission, the final price is $179.3m).
Federal prosecutors in Brooklyn file papers to return Picasso’s 1911 La Coiffeuse (The Hairdresser) to France, where it was stolen from a Paris museum storage room in 2001. The 100 year -old painting was shipped by Federal Express from Belgium to the U.S. in December in a package that described it as a $37 “art craft,” and seized at the Port of Newark. Officials said shipper was identified only as “Robert” and the destination was a climate-controlled storage facility in Queens. Lynch:
A lost treasure has been found.
A Picasso silver plate, titled Visage aux Mans, disappears from the Art Basel Miami Beach exhibit. The Miami Police Department investigates the heist, but says there is no video surveillance or witnesses. The piece is valued at $85,000.
Picasso’s Venus sells for $1.2 million dollars during the Art Basel Miami Beach exhibit. The artwork was purchased by hotelier Vikram Chatwal who buys it directly after P Diddy expresses interest.
An abandoned goods public auction in a suburb of Seattle sells a book of sketches carrying Picasso’s name on the inside cover of the book and a 1912 date. The sketchbook contains 27 pen, charcoal or watercolor renderings. Auctioneer Tim Murphy offers no guarantee of authenticity.
It is what it is. No guarantees, no warranties.
The Musee Picasso in Paris reopens after a renovation triples the exhibition space to 41,000 square feet. An auditorium, museum workshop, and new staff facilities are added to the building and the climate control, electrical, and other systems are modernized.