Contantin Brancusi, La Muse Endormie (1913), via Christie’s

The first auction of the week has come and gone in New York, as Christie’s notched an impressive outing for its Impressionist and Modern Evening Sale, confirming expectations of a solid return of buying interest in the secondary market.   Considering the past several outings for the auction houses in London and New York, where only a handful of buyers were reportedly keeping the market afloat, this week’s sales hit a different note entirely, with ample phone bids that saw one major auction record fall with Constantin Brancusi’s La Muse Endormie demolishing expectations at over $57 million, and marquee lots performing quite well over the course of the evening.  (more…)

Pablo Picasso, Le violon (Titre attribué : Nature morte) (1914) © Succession Picasso 2015 / photo Centre Pompidou, MNAM-Cci, dist. Rmn-Grand Palais / droits réservés

Having pioneered the vivid forms and perspectival innovations of Cubism during the course of his career, pushing that initial formal innovation into the vastly divergent forms, there can be little doubt of Pablo Picasso’s monumental impact on the path of modern art.  This influence sits at the core of Picasso.Mania, a playful yet impressively curated exhibition currently on view at the Grand Palais in Paris.  Pairing works from both before and after the artist’s massively influential impact on the world of 20th Century Art, the exhibition presents a contemporary perspective to the name, the myth, the reputation of the artist. (more…)

The case surrounding the theft of works from Picasso descendent Catherine Hutin-Blay has taken a new turn, as Art Newspaper reports that more than 60 works could be missing from Hutin-Blay’s Gennevilliers storage facility.  “One thing is for sure,” her lawyer, Anne-Sophie Nardon says, “this case is extremely serious and much bigger that we first thought.” (more…)

Marina Picasso is interviewed in The Guardian this week, as she prepares to sell off an extensive collection of her grandfather’s ceramics and paintings, a gesture she feels will help to heal a painful childhood. “Being Picasso’s granddaughter was very hard. I don’t snub the inheritance, not at all, I just want a lighter way to live and to be able to devote myself to my humanitarian work,” she says. “There is absolutely no hatred, no bitterness, no vengeance on my part.”  (more…)

CNBC is reporting that the mystery buyer of the record-setting Picasso canvas this month is still at large, refuting the New York Post’s reporting that former Qatari prime minister Hamad bin Jassim bin Jaber Al Thani had purchased the work for a record-setting $179 million. (more…)

Some of the paintings allegedly stolen from Picasso’s stepdaughter, Catherine Hutin-Blay, were found in the collection of Russian billionaire Dmitry Rybolovlev, who purchased them through art broker and adviser, Yves Bouvier (currently under investigation for fraud).  Bouvier’s lawyer denies any knowledge of the works’ stolen status.  “For all the paintings he acquired, he asked for a certificate from the Art Loss Register, demonstrating that it has not been registered as missing or stolen,” says Bouvier’s attorney, Luc Brossollet.   (more…)

Continuing her fundraising quest through the sale of her grandfather Pablo Picasso‘s estate, Marina Picasso is selling her inherited villa in Cannes, La Califnornie, a space she has already seen a €150 Million offer for. “Of course I’m selling,” she says. “But it’s also a way to share.” (more…)

The recent decision of Marina Picasso, granddaughter of painter Pablo Picasso, to sell off her collection of her grandfather’s works has many market analysts worried about a “flooded” market, even though Picasso has been selling works one by one for some time.  “Instead of having a dealer show them, it’s been an open secret that there are works for sale and people have been asking other people if they would be interested,” says historian John Richardson. “I’ve been asked by odd people who tell me, ‘We are in on a great deal, and Marina is selling all her stuff.’ ” (more…)

After five years of renovations, delays and even the replacement of former head Anne Baldassari, the Pablo Picasso Museum in Paris’s Marais District has reopened to strong reviews and even stronger attendance.  “There is a lot of fluidity,” says new director Laurent Le Bon. “One can move around much more easily than before, one has a freedom which goes well with the spirit and the works of Picasso.” (more…)

Mickalene Thomas, Carla (2014), via Lehmann Maupin

Tête de Femme, a show of new work by artist Mickalene Thomas at Lehmann Maupin, places the exploitation and regulation of the female form at its center, exploring the female figure and visage through eight large-scale portraits. Making use of screen-printing, collage, and candy-colored swatches of fabric, Thomas creates and re-creates the elements of a face in order to deconstruct a coherence presumed and projected into measurements of personhood.  Through bold geometric and material choices, Thomas approaches the question of identity as an problem to be solved through a concentrated treatment of each element, much in the same nature of Picasso’s work of the same name.

Mickalene Thomas, Tête de Femme (Installation View), via Lehmann Maupin (more…)

Researchers have proven a long held belief that there is a hidden painting beneath Picasso’s iconic The Blue Room.  Using infrared scanning technology, experts revealed a portrait of a bow-tied man, resting his head on his hand buried under the layers of the finished painting.  “It’s really one of those moments that really makes what you do special,” said Patricia Favero, the conservator of the Phillips Collection.  “The second reaction was, well, who is it? We’re still working on answering that question.” (more…)

Following concerns over possible damages during a renovation at the Four Seasons Restaurant in New York, Pablo Picasso’s immense stage curtain painting Le Tricorne will be moved to the New York Historical Society.  “It’s going to be at a good home, where even more people will see it,” Landmarks Conservancy President Peg Breen said. (more…)

The Wall Street Journal takes a look at the collection of Leslie Wexner, who has shifted from being a major collector of a number of blue-chip 20th Century artists to exclusively focusing on the work of Pablo Picasso.  “My feeling was, and still is, that when you look at Picasso, you realize that he was the true founder of modern and contemporary art,” Wexner says. (more…)

Paris’s Picasso Museum has fired director Anne Baldassari, citing a “gravely deteriorating work environment” during the museum’s continually delayed renovation, as well as “profound suffering in the workplace and a toxic atmosphere.”  The museum’s  reopening has already been pushed back twice, and had seen numerous employees leaving the organization during Baldassari’s tenure.  “There was nothing in the report from the inspector general that surprised us,” said one ministry official. “This had been going on for several years. The truth is that we could not open a museum with all these employees leaving.” (more…)

A U.S. contestant has won an online raffle for a $1.26 million piece by Pablo Picasso, walking away with the work after buying a ticket for the price of $137.  The 1914 piece was auctioned off to benefit the efforts to save the ancient city of Tyre, and was won by Pennsylvania resident Jeffrey Gonano.  “I’m still in shock. I’ve never won anything like this before. Obviously,” he said. (more…)

Georges Braque, Compotier et Cartes (1918), Courtesy Grand Palais

On view at Grand Palais, Galeries nationales in Paris is a retrospective covering the full life and output of French painter and sculptor Georges Braque’s career, beginning with Fauvism to his later works, particularly his birds series. The exhibition will continue through January 6th 2014.

(more…)

Tobias Meyer Opens the Sale, via Aubrey Roemer for Art Observed

“So, the market is alive, right?”  This was the closing statement from Sotheby’s auctioneer Tobias Meyer last night at the Impressionist and Modern Art Evening Sale. The sale totaled $290 million – the second highest ever achieved at Sotheby’s for an Impressionist and Modern Art Sale, and its fourth consecutive Evening Sale of Impressionist and Modern Art that had a sell-through rate of 80%.

Pablo Picasso, Tête de Femme (1935), via Sotheby’s (more…)

Damien Hirst has unveiled his latest project, a children’s ABC’s book featuring a letter for letter survey of own work, and a different, corresponding font.  The artist spoke with The Guardian this week, discussing the book, his inspirations as a young artist, and his thoughts on “painting like a child.”  “The childlike quality of some of Picasso’s drawings is precisely what makes them so masterful and extraordinary; the ability to express complete visions, feelings and portraits through a continuous line.” (more…)

The rural home of Pablo Picasso in Mougins, France, where the artist spent the last 12 years of his life, is up for sale, with a momentous asking price of $220 million.  Originally purchased for $13 to $16 million by a Belgian art dealer, the asking price stands at well over 8 times its previous sale price. (more…)

Hyperallergic has posted a thorough exploration of the debate surrounding the brutalist architecture and Picasso murals currently at risk of demolition at Oslo’s Regjeringskvartalet government center, badly damaged in a 2011 car-bomb attack.  Tracing the history of the design, the works, and the debate surrounding their preservation or destruction, the article places brutalism at the center of the debate, noting the continued destruction of many of its architectural masterworks based on their purported unattractiveness.  Joern Holme, the head of the Directorate for Cultural Heritage, echoes this statement, saying: “We can’t demolish the best of a cultural era just because we find it ugly today.” (more…)

While Olga Dogaru, the Romanian woman who claimed she burnt works by Picasso and Monet in her stove after fearing for the arrest of her son, has since retracted her story, Romanian authorities have identified at least three paintings in the ashes of the woman’s home.  Authorities found nails and tacks, as well as traces of oil paint in Dogaru’s oven, but were unable to correctly identify the paintings as the missing works.  “We found remains of burned oil paintings, but whether they are the ones that were stolen is a separate question, to be determined by prosecutors and judges.”  Says Ernest Oberlaender-Tarnoveanu, head of Romania’s National History Museum. (more…)

The former Paris studio where Pablo Picasso waited out the Nazi occupation and painted some of his most famous works, among them Guernica, is currently embroiled in a bitter argument between a private arts education group that currently occupies the space rent free, and the building’s owners, who want the group gone.  Calling them “squatters,” the firm owning the building has made moves to evict the group, despite sharp protests.  “It was abandoned and we renovated it completely, respecting its original state,” said Alain Casabona, spokesman for the occupying group, the Comité National Pour l’Education Artistique. (more…)

A number of works from the collection of the late Jan Krugier will go on sale this fall at Christie’s in Manhattan.  The sale, estimated to bring in about $160 million, includes a 1911 landscape by Kandinsky, estimated to bring somewhere between $20 million and $25 million.  “This painting represents a world he loved, one that falls between the figurative into the abstract,” said Conor Jordan, deputy chairman of Christie’s Impressionist and Modern Art Department. (more…)

Diana Widmaier-Picasso, granddaughter of Pablo Picasso by his mistress Marie-Thérèse Walter, is currently undertaking an ambitious project: a catalogue raisonné of her grandfather’s sculptures.  Widmaier-Picasso’s ambitious project looks to consolidate the artist’s output in the form, thereby increasing his work’s value in the marketplace.  “Picasso is the greatest sculptor of the 20th century,” Carmen Gimenez of the Guggenheim Museum said. “He practically reinvented modern sculpture. But as soon as you begin working with his sculptures, you realize you need to learn more.” (more…)