Pablo Picasso

New York auction could smash art world record

Christie's auction house is hoping to set new world records with a Picasso valued at $140 million and a Giacometti worth $130 million, as New York's spring auction season kicks off May 5.

Pablo Picasso's colorful "The Women of Algiers (Version 0)," depicting a scene from a harem, will be up for grabs when Christie's puts it on the auction block May 11.

Suspended sentence in Picasso 'stolen works' trial

A French court on March 20 handed down a two-year suspended sentence to a former electrician and his wife, who hid 271 Picasso works in their garage for close to 40 years.
      
The court in the French Riviera town of Grasse found Pierre and Danielle Le Guennec guilty of possessing stolen goods, after a trial that made headlines in France and abroad.
      

Picasso painting stolen in 2001, found

A Picasso painting stolen from the Georges Pompidou center in Paris in 2001 was discovered in the United States, where it was sent as… a Christmas gift, according to New York’s judicial authorities.

 

The painting is valued at many a million dollars, according to the Brooklyn D.A. It is estimated at 30 million euros.

 

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