Another Picasso owned by Steve Wynn damaged

Another Picasso owned by Steve Wynn damaged

Christie's announced over the weekend that "Le Marin" (The Sailor), Picasso's 1943 self-portrait, was damaged Friday "during the final stages of preparation" for auction Tuesday and pulled from the auction block.

'After consultation with the consignor today, the painting has been withdrawn from Christie's May 15 sale to allow the restoration process to begin.' Christie's said.

The self-portrait, named Le Marin (The Sailor) was set to go to the highest bidder at NY auction house Christie's, along with another work by the artist-a 1964 portrait of a woman with a cat named Femme au chat assise dans un fauteuil.

Bloomberg reports Wynn is auctioning off three paintings for an estimated value of $135 million. All links on the auction website that used to direct to information concerning the "Le Marin" now just navigate to a generic news page.

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According to Christie's auction house catalogue, "As it would have been clearly understood at that time - the flowers were a come-on, she was actually a prostitute". "We have taken immediate measures to remedy the matter in partnership with our client".

Picasso biographer John Richardson added that the painting's subject was a girl named Linda who "sold her body as well as her roses outside the Moulin Rouge". It comes a decade after Wynn accidentally put his elbow through another Picasso, "Le Reve", while showing it in his Las Vegas workplace. However, the most expensive work of art - a Pablo Picasso piece worth $70 million - has been damaged.

Wynn is said to suffer from a disease that affects his peripheral vision, according to the outlet. In fact, a $139 million deal had already been signed with Steve Cohen, the hedge-fund manager and art collector, at the time the damage occurred.

Wynn, 76, stepped down this year as chief executive of Wynn Resorts after allegations of sexual harassment, which he has denied.

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