Main | Tuesday, January 26, 2010

Clumsy Woman Costs Met $65M

This weekend at the Met a woman lost her balance and somehow fell into Pablo Picasso's The Actor, tearing a small hole in the bottom of the painting. Today an art appraiser assessed the damage to the painting's original $130M value.
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. "Even a small hole and Picasso collectors like [Steven] Spielberg are not going to be interested." Museum officials would not identify the woman who fell into the painting, but they said conservators will have it ready for the museum's Picasso exhibition later this year.
Why are patrons are allowed to get so close to something worth $130M?

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