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Bulletin: B/22/11/06
Alfredo Ramos Martinez sold it for $1.8 Millions Nov 22, 2006
A painting “women with flowers” created by a Mexican artist Alfredo Ramos Martinez (1871-1946) sold for $1.8 million in an art auction organized by Christie Auction House on Nov 22 2006 at NY. According to officials of Christie Auction House, the painting was sold for more than double of the estimated price i.e. of US$ 4,50,000.00. This includes 20% commission for first $2,00,000.00 and 12% thereafter. Christie Auction House did not disclose the name of the buyer. The painting measures 56.5” x 36” in size and depicts two semi nude women holding red flowers.
Previous: Nightmare to Picasso's Paintng Le' Reve >>
Source: Global volunteers of Artilysis
Bulletin: B/08/10/013
Nightmare to Picasso's Painting Le' Reve' (The Dream) Oct'08, 2006
A multimillion dollars Painting Le Reve turned into a nightmare when a Las Vegas Casino magnate Steve Wynn accidentally poked a finger size hole in the painting. It happened when Steve was showing the painting to his friends at his office at Las Vegas a few weeks ago. It is said that Steve had finalized resell deal of Le Reve’ at US$ 139 million to another art collectors. Nora Ephron (a director and screen writer) who witnessed this incident explains that Wynn raised his hand to show something about Picasso's 1932 portrait of his mistress Marie-Therese Walter to his friends and Wynne's elbow crashed backward right through the canvas.
This story has been confirmed by Wynne office on Tuesday. Wynne said that both accounts had decided to release the buyer from the agreement of sale and to repair and keep the painting himself.
Source: Global volunteers of Artilysis
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