Art Market Monitor

Picasso?

This ABC News report makes the discovery of long-lost masterworks seem like a regular occurrence. Too bad it requires a little bit of truth-bending by the producers to spin this potentially stolen painting as great art discovery:

Also of Interest:

• The Met’s Money and The Actor
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• Defending Picasso’s Widow
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• Palm Beach Story
  Thieves Grab Picasso Etchings from a Palm Beach Gallery–but Can’t Sell Them In May, two etchings were stolen from Gallery...
  
• Picasso Notebook Aftermath
  The Picasso Museum’s director tries to talk the theives back to their senses, Bloomberg reports. Counteracting the simplistic valuation placed...
  
• Hiding the Monet
  There is a remarkably low recovery rate for most stolen art. Even something like a Monet valued at $1m that...