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Oops, US tycoon jabs elbow through Picasso he sold ($139,000,000 painting)
Yahoo ^ | 10/19/06

Posted on 10/19/2006 7:17:06 PM PDT by Mr. Brightside

Oops, US tycoon jabs elbow through Picasso he sold

Thu Oct 19, 5:26 AM ET

WASHINGTON (AFP) - Las Vegas gaming tycoon Steve Wynn, proudly showing to friends a Picasso he had just sold for 139 million dollars, accidentally poked his elbow through the canvas, according to a witness.

"There was a terrible noise," wrote author Nora Ephron on the blog The Huffington Post, who saw the accident several weeks ago at Wynn's office in his hotel-casino Wynn in Las Vegas.

"Oh shit," she quoted him as saying. "Look what I've done ... thank God it was me."

There on the forearm of the seated woman in Picasso's 1932 "Le Reve" (The Dream) were two three-inch (7.6-centimeter) long rips, she said.

The 64-year-old billionaire had acquired the painting in 1997 for 48.4 million dollars, and recently agreed to sell it to Steven Cohen, an art collector in Connecticut, for 139 million dollars, according to the magazine The New Yorker, in its October 23 issue.

The night before the accident, Ephron recounted, she and her husband were dining at a restaurant at The Wynn when the billionaire stopped by their table and told them of the painting's sale.

"Wynn was in a very good mood because, he told us, he had just sold a Picasso for 139 million dollars," she wrote.

"This is the most money ever paid for a painting," she quoted Wynn as saying, and noted that it topped by four million dollars the record price paid for a Klimt by cosmetics magnate Ronald Lauder this year.

Wynn had been talking about the painting and gesturing when he poked the hole in the canvas. Afterward, Wynn said to his friends: "This has nothing to do with money. The money means nothing to me. It's that I had this painting in my care and I've damaged it."

Wynn notified his art dealer and asked the people in the room to keep quiet about the accident so he could deal with it.

Several weeks later, Ephron wrote, Wynn's wife Elaine told her they had decided to keep "Le Reve" because the accident "had been a sign" they should.


TOPICS: Arts/Photography; Local News
KEYWORDS:

1 posted on 10/19/2006 7:17:06 PM PDT by Mr. Brightside
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To: Mr. Brightside
Steve Wynn, proudly showing to friends a Picasso he had just sold for 139 million dollars, accidentally poked his elbow through the canvas.

At that point Moe called him a knucklehead and rapped him on the skull after which Wynn laid on the floor and spun saying ooo ooo ooo.

2 posted on 10/19/2006 7:19:56 PM PDT by Tribune7
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To: Mr. Brightside

http://www.freerepublic.com/focus/f-chat/1720943/posts


3 posted on 10/19/2006 7:24:25 PM PDT by ButThreeLeftsDo (FIGHT CRIME. SHOOT BACK.)
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To: ButThreeLeftsDo

http://www.freerepublic.com/focus/search?s=picasso+elbow&q=quick&m=all&o=time&SX=453834acf9c8f010b20731e79c7e136907482731


4 posted on 10/19/2006 7:30:49 PM PDT by Mr. Brightside
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To: Mr. Brightside

http://www.freerepublic.com/focus/f-news/1721305/posts


5 posted on 10/19/2006 7:33:30 PM PDT by ButThreeLeftsDo (FIGHT CRIME. SHOOT BACK.)
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To: ButThreeLeftsDo

http://www.freerepublic.com/focus/search?m=all;o=time;s=US%20tycoon%20jabs%20elbow%20through%20Picasso%20he%20sold%20

(BTW, get a life!)


6 posted on 10/19/2006 7:45:48 PM PDT by Mr. Brightside
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To: Mr. Brightside

http://www.freerepublic.com/focus/search?m=all;o=time;s=picasso

We just spent 18 days trying to raise yet another record quarterly amount for FR. Bandwidth costs money. If everyone would take the time to do intelligent searches before they post, I believe that we could actually drive costs DOWN.


7 posted on 10/19/2006 7:51:50 PM PDT by ButThreeLeftsDo (FIGHT CRIME. SHOOT BACK.)
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To: ButThreeLeftsDo

Try again. I don't think the forum owners are too concerned about wasting band width.

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8 posted on 10/19/2006 8:03:25 PM PDT by Mr. Brightside
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To: Mr. Brightside

You win. Keep posting day-old stories that have been done-to-death.

I've made my last donation to FR.

Congratulations.


9 posted on 10/19/2006 8:08:21 PM PDT by ButThreeLeftsDo
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To: ButThreeLeftsDo
I've made my last donation to FR.

If only it was your last post.

10 posted on 10/19/2006 8:11:20 PM PDT by Mr. Brightside
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To: potlatch



11 posted on 10/19/2006 9:00:08 PM PDT by devolve (now_playing...SEPTEMBER MORN....Slick Willie)
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To: devolve

That is darling.


12 posted on 10/19/2006 9:23:29 PM PDT by potlatch (Does a clean house indicate that there is a broken computer in it?)
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To: ButThreeLeftsDo; Mr. Brightside
"I've made my last donation to FR."


Good grief!
So, you're going to take your ball and go home?
If so, then you deserve this...

I don't think it's possible for you to be more immature.

13 posted on 10/19/2006 9:51:48 PM PDT by dixiechick2000 (There ought to be one day-- just one-- when there is open season on senators. ~~ Will Rogers)
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To: devolve

That's very cute!


14 posted on 10/19/2006 9:53:00 PM PDT by dixiechick2000 (There ought to be one day-- just one-- when there is open season on senators. ~~ Will Rogers)
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To: ButThreeLeftsDo

Wow, what a careless mistake.


15 posted on 10/25/2006 12:54:04 PM PDT by AxelPaulsenJr (Keep your friends close and your enemies closer.)
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To: dixiechick2000

LOL, thanks for posting it, I so love that posting police graphic.


16 posted on 10/25/2006 12:56:56 PM PDT by AxelPaulsenJr (Keep your friends close and your enemies closer.)
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To: AxelPaulsenJr; WKB

Is is very cute, and makes a much needed point.

I lifted it from WKB.
I'm sure he won't mind if you use it. ;o)


17 posted on 10/27/2006 10:22:44 AM PDT by dixiechick2000 (There ought to be one day-- just one-- when there is open season on senators. ~~ Will Rogers)
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To: ButThreeLeftsDo
Bandwidth costs money.

Not really. Or at least, not enough to be concerned about.

18 posted on 10/27/2006 10:27:20 AM PDT by NittanyLion
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To: ButThreeLeftsDo
I've made my last donation to FR.

You know, two wrongs don't make a right...

19 posted on 10/27/2006 10:28:40 AM PDT by NittanyLion
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