August 10, 2005 |
As the result of an out-of-court settlement, Bay Area resident Thomas Bennigson will receive $6.5 million from Marilynn Alsdorf of Chicago for a Pablo Picasso painting reportedly stolen by the Nazis from Bennigson's grandmother years before Alsdorf acquired it in 1975. Additionally, as part of a prior agreement contingent on the settlement, Bennigson will receive a lesser sum from Stephen Hahn -- the art dealer who sold the painting to Alsdorf and her late husband, James.
November 26, 2005 |
A major Picasso exhibition opened to the public this week in an Istanbul museum best known for its collection of highly stylized Islamic calligraphy. The patroness of the Sakip Sabanci Museum, the head of a multibillion-dollar Turkish conglomerate, said she hoped the show would accelerate Turkey's cultural shift from the ancient, Islamic and Asian to the cutting edge, contemporary and European.
November 30, 1989 |
A Japanese real estate tycoon paid $48.9 million today to set a world auction record for a painting by Spanish artist Pablo Picasso. But Picasso's "Les Noces de Pierrette" fell short of expectations that it would replace Vincent Van Gogh's "Irises" as the world's most expensive painting. Art experts had predicted that the auction, conducted simultaneously in Paris and Tokyo by a satellite link-up, would break the 1987 Van Gogh record of $53.9 million.
October 16, 1986 |
Jacqueline Picasso, the widow of Pablo Picasso, committed suicide Wednesday at the chateau on the French Riviera where the giant of modern art died in 1973, police said. Picasso, 60, was found dead in her bed at 9 a.m. by her maid. An automatic pistol was at her side. Police said the single gunshot wound to the head appeared to have been self-inflicted. The death occurred at Notre Dame de Vie, French for Our Lady of Life, a medieval mountaintop castle at Mougins, a village overlooking Cannes.
CALIFORNIA | LOCAL
January 9, 2010 |
The art prospector must have thought he'd snagged a great deal when he purchased what he thought was a $5-million Picasso pastel for less than half its value. Tatiana Khan, owner of the Chateau Allegre gallery on La Cienega Boulevard, claimed the artwork -- called "La Femme Au Chapeau Bleu" (The Woman in the Blue Hat) -- was owned by the Malcolm Forbes family estate and was a bargain at only $2 million, according to court documents. But the art prospector became suspicious several years later and contacted a Picasso expert in 2008.
September 20, 1996 |
As an artist and a personality, Pablo Picasso resembled the Hindu god Shiva, "the destroyer of worlds," intent on outraging orthodoxy and defying tradition whenever possible. So it's ironic and even amusing to watch as "Surviving Picasso" turns his life into a genteel, well-behaved, even conventional piece of filmmaking.
October 18, 1987 |
'Picasso dead! Listen to me--here in Vallauris, Pablo Picasso is dead like Sharespeare is dead at Stratford. He walks in every street, he winks at our young women, he drinks our wine, he honors the clay of our region. I know people who whisper they've seen him as recently as yesterday . . .' He died 14 years ago, on a Sunday morning--April 8, 1973--in his unpretentious hillside house above the French Mediterranean, four miles inland from Cannes.
November 16, 1989 |
A rose-period cafe scene by Pablo Picasso sold Wednesday night for $40.7 million--the third highest auction price ever paid for an artwork. The buyer was philanthropist Walter H. Annenberg. "Au Lapin Agile," a 1905 portrait of the young Picasso as a harlequin, had been rumored to go even higher, possibly exceeding the record $47.9 million paid last May for "Yo Picasso," another early self-portrait, and even surpassing the $53.9 million commanded by Vincent van Gogh's "Irises" two years ago.
CALIFORNIA | LOCAL
November 21, 1998 |
Les Hansen of Venice picked up some tickets from Ticketmaster and noticed that the small print warned that he had assumed "all risks" of injury "by hockey pucks, sticks and balls, other spectators or players or by thrown objects." Hansen experienced no such problems. Then, again, the tickets were for the Pablo Picasso show at the L.A. County Museum of Art. For some reason, they had been printed on the ducats used for hockey games.
November 11, 1988 |
The second night of a week-long series of art auctions seemed to support the contention that records are made to be broken. Only 24 hours after the contemporary art market made a vigorous show of strength at Christie's auction house, a Thursday night sale of contemporary art at Sotheby's ran up even bigger sales totals and broke brand new records. Sotheby's sale of 12 paintings from the Sally and Victor W. Ganz collection totalled $48.5 million, almost double the $25.