Woman’s tear in Picasso slashes value by $65M
A woman who lost her balance and tore a hole in a Pablo Picasso painting at the Metropolitan Museum of Art likely cut the $130 million painting’s value in half, a top appraiser said yesterday.
Conservators said they will be able to fix the 6-inch tear in “The Actor” (above), but appraiser Gerard van Weyenbergh said the painting may never recover its value.
“It’s a 50 percent loss of the value — at least,” van Weyenbergh, who has handled numerous Picassos, told The Post. “When an artwork comes up in auction, that’s the first thing people want to know — were there any repaints or restorations.
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i’m just glad i wasn’t at the museum 2 weeks ago when i experienced an extreme case of vertigo.
that could have done some serious damage.
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“All that I desire to point out is the general principle that life imitates art far more than art imitates life.”
– Oscar Wilde
– Oscar Wilde
