Art Market Monitor

While We’re On the Subject of Picasso . . .

Bloomberg’s Lindsay Pollock reports on the coming out party for Steve Wynn’s repaired Picasso, “La Rêve.” This is the picture Wynn put a hole while showing it off to Nora Ephron and friends. The accident queered a promised $139 million sale to Steven Cohen. The hedge fund manager may not own the picture but his own Picassos will hang nearby at the Acquavella galleries beginning October 15th.

From Pollock’s story:

“I think very highly of this painting,” New York dealer David Nash said of “Le Reve.” “It’s one of the most sensuous of the whole series, with its famous double profile and erotic appeal.”

Watch Those Elbows: Wynn’s $139 Picasso Joins NY Show (Bloomberg)

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