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  #1  
Old 10-18-2006, 03:13 PM
Rainbow Power
 
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OOPS.....sold "AS IS"

U.S. casino magnate gives Picasso's dream the elbow

Wed Oct 18, 9:43 AM ET

LOS ANGELES (Reuters) - Picasso's famed "Dream" painting turned into a nightmare for Las Vegas casino magnate Steve Wynn when he accidentally gave the multimillion dollar canvas an elbow.

Wynn had just finalized a $139 million sale to another collector of his painting, called "Le Reve" (The Dream), when he poked a finger-sized hole in the artwork while showing it to friends at his Las Vegas office a couple of weeks ago.

Director and screenwriter Nora Ephron, who witnessed and related the incident in her blog on the Huffington Post Web site, said Wynn had raised his hand to show the group something about Picasso's 1932 portrait of his mistress Marie-Therese Walter.

"At that moment, his elbow crashed backward right through the canvas. There was a terrible noise," Ephron wrote, noting that Wynn has retinitis pigmentosa, an eye disease that damages peripheral vision.

"Smack in the middle ... was a black hole the size of a silver dollar. 'Oh s---,' he said. 'Look what I've done. Thank goodness it was me.'"

Wynn's office on Tuesday confirmed the story, an account of which also appeared in this week's The New Yorker. Both accounts said Wynn had decided to release the buyer from the sale agreement and to repair and keep the painting himself.

Wynn, a millionaire casino developer and art collector, developed The Mirage and Bellagio resorts in Las Vegas in the 1990s, which spearheaded a profusion of luxury hotels and casinos on the once-seedy Las Vegas Strip.
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  #2  
Old 10-18-2006, 03:15 PM
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I just read that online somewhere. Man, that would suck.
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  #3  
Old 10-18-2006, 03:20 PM
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$139 million for a frikin painting????

What a waste of money!!!!
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  #4  
Old 10-18-2006, 03:21 PM
Rainbow Power
 
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Quote:
Originally Posted by hungjury
I just read that online somewhere. Man, that would suck.
Wynn will just up the "juice" to make back his $139M.

That Picasso has now been reduced to clear.....sale price is now $1.39
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  #5  
Old 10-18-2006, 03:22 PM
Rainbow Power
 
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Quote:
Originally Posted by Ron Mexico
$139 million for a frikin painting????

What a waste of money!!!!
LOL.....on the flipside.....who can say that they got a "poke" that was worth $139M???
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  #6  
Old 10-19-2006, 10:29 AM
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i would still buy it for under 100.
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  #7  
Old 10-19-2006, 04:48 PM
&lt;-- Still the Man
 
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that's like pocket change for him
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  #8  
Old 10-19-2006, 04:52 PM
&amp;amp;amp;amp;amp;amp;amp; amp; amp; amp; l t; ---- MVP's
 
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wow, LMAO!
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  #9  
Old 10-20-2006, 03:00 AM
yoy
 
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yeah hes filthy rich, 139 million to him really isnt a substantial blow, i mean have you see the guys work, that wynn hotel in vegas, about enough to make you cream your pants. If i win the lottery thats THE HOTEL im staying at
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