Picasso Notebook Stolen in Paris


Via the BBC:

A sketchbook of some 32 drawings by Pablo Picasso worth about 8m euros ($11m; £6.8m) has been stolen from a museum in Paris, police have said. The theft from the Picasso Museum was discovered on Tuesday afternoon but the exact time and circumstances have yet to be determined. Initial investigations showed the sketchbook was held in an unlocked display case on the first floor.

Police sources told the Agence France-Presse news agency that the theft would probably have been committed between Monday evening and noon on Tuesday. There were no signs of a break-in an no alarms were set off. The museum was closed at the time, although there was a private viewing on Tuesday.

My first thought is: how awesome would it be if the theif were some rich, old lady with cleptomaniac impulses at the private viewing? The kind with embarrassed younger relations who had to keep returning silver spoons from dinner parties. She would just have to nod drowsily as if she were falling asleep, then quickly stick her hand in there and put the notebook in her pocketbook.

While that’s a ludicrous scenario, you would think museums could spare funds for security. A lock would be an especially low-tech way to go. While I gloried at how close you could be to so many Picassos at Gagosian’s new space in Chelsea, now I wonder if the small white box can provide enough security.

K

Ah, Ravels in Review

My fingers are relieved to take a bit of a break this week (perhaps you’re relieved not to be presented with a long, involved post ; ) . I’ve gotten into some topics I find super interesting.

We kicked off the week with a proposal against taking photographs of artwork in museums, which got some agreement, certainly some disagreement, and a lot of mixed feelings. It stuck in my mind, and I revised my opinion to allow that instead of being evil and stupid is was perhaps a sign of engagement with an artwork.

We played a game matching the artwork to its auction house estimate. Nobody won, so I’m keeping the $1M prize. In fact, even the auction houses didn’t win; they still have their two biggest works by Picasso and Giacometti.

I had the pleasure of seeing the musical South Pacific at Lincoln Center, and then having the song Honey Bun in my head for the whole week.

In fact, that annoying song is probably why I got a little contentious in my post on the Affordable Art Fair, contributing to my backhanded praise of the store Urban Outfitters for so cleverly following the pluralistic trends evident at the fair.

And my personal pick of the week was on the use of writing in painting, especially as it evolved during Modernism. Anyways, thanks for a fun week guys, and have a good weekend!

Addendum: On Sale this Spring For What?

Well, dear reader, the auction results from our little game of match the estimate to the artwork are in. Sotheby’s had a terrible night on Tuesday, not selling some of its bigger works. To add insult to injury, Christies had a pretty good night on Wednesday selling the same artists.

Sotheby’s couldn’t sell its Picasso (estimated at $16-24M) or its Giacometti at the Impressionist and Modern auction. Giacommetti’s The Cat ($16-24M) at Sotheby’s went nowhere, even though the next night at Christies Giacometti’s “Bust of Diego (Stele III)” sold for more than its high estimate of $6.5 million.

On the other hand, Sotehby’s Monet sold for well over its estimate. Six bidders fought for “Sailboat on the River Seine, Argenteuil” that was originally estimated to fetch $1.2-1.8M. It was purchased for $3.4M.