Wednesday, January 17, 2007

Ironic Sans: Have your own millionaire Picasso experience:

The anonymous buyer who purchased Le Reve sold it to casino magnate Steve Wynn in 2001. He in turn sold it to hedge fund mogul Steven Cohen for $139 million, setting a new record for the most money spent on a painting. All the formalities of the deal were finished, but the handover of the painting had yet to take place when a terrible event occurred. Just a few months ago, before turning the painting over, Wynn had several famous friends over to show it off. Among the guests were Barbara Walters, Nicholas Pileggi, and Nora Ephron, who described on Ariana Huffington’s blog what happened next:

The Ganz collection went up for auction in 1997, Wynn was saying — he was standing in front of the painting at this point, facing us. He raised his hand to show us something about the painting — and at that moment, his elbow crashed backwards right through the canvas.

There was a terrible noise.

Wynn stepped away from the painting, and there, smack in the middle of Marie-Therese Walter’s plump and allegedly-erotic forearm, was a black hole the size of a silver dollar - or, to be more exactly, the size of the tip of Steve Wynn’s elbow — with two three-inch long rips coming off it in either direction. Steve Wynn has retinitis pigmentosa, an eye disease that damages peripheral vision, but he could see quite clearly what had happened.

“Oh shit,” he said.


8:40 AM