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In the most recent issue of The Baffler, Rhonda Lieberman published an extensive piece on the art collectors of the “new Gilded Age.” Almost everyone Lieberman mentions is both obscenely wealthy and exploitative. One of them is Bernie Madoff, whose office art included a four foot screw so expensive that Madoff’s lawyer didn’t want it disclosed […]

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Looking to own a priceless artwork without having to invest much money? You’re in luck, because an online contest is now offering up the chance to win one of  Picasso’s original works for the modest price of $135. The painting that’s up for grabs, titled L’Homme au Gibus (translated: Man with Opera Hat), is a small gouache-on-paper cubist work. The […]

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Spanish artist Eugenio Recuenco’s fashion portrait series as homage-to-Picasso is impressive. The fragmented composite frames and prop-styling work to emulate some of the 20th century master’s most famous cubist paintings in a tasteful, restrained, more-than-straightforward-imitative manner. They may not have the conceptual rigor of Addie Wagenknecht and Pablo Garcia’s Webcam Venus, the populist appeal of Hillary Smith’s […]

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Pablo Picasso’s former electrician and his wife who “found” 271 authentic, undocumented paintings and doodles by the master in their garage trunk are being indicted on suspicion of harboring stolen art. Picasso’s estate managers pointed out “improbabilities” and “inconsistencies” in the couple’s story. […]

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Seems like decades-dead Marie-Thérèse Walter is still the art world’s it girl, still raking in the most auction moneys for the similarly long-dead Picasso. This colorfully suggestive paint-ditty is estimated to fetch in $15-$20 million at Sotheby’s. The mistress is seen here snoozing, probably after all that “intimidating and terrible” sex Pablo was giving her […]

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I’m taking my Picasso rants back. Seems like his fave musetress Marie-Thérèse Walter is still very significant. Another Picasso portrait of the gal is up for auction at Christie’s next month, expecting to fetch $19-$29 million – no where near the $106 million record breaker last year or $85 million in 2006 (which would have […]

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Turns out that the prosecutor’s office vastly overestimated the value of the five paintings stolen from the Paris Museum of Modern Art. They’re worth $114-127 million, not $613 million. The heist wasn’t the reported cinematic feat of sophistication either: The museum’s alarm system has been malfunctioning since March and all the thief had to do […]

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