Steve Wynn's Repaired Picasso Joins New York Show

By ARTINFO

Published: September 26, 2008

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NEW YORK—A Picasso painting damaged by billionaire owner Stephen Wynn will be shown to the public for the first time since the accident, reports Bloomberg. The repaired piece, Le Reve (The Dream) is part of a Picasso exhibit opening October 15 at Acquavella Galleries on Manhattan's Upper East Side. Other lenders to the show, titled "Picasso's Marie-Therese," include the Metropolitan Museum of Art and collector Steven Cohen.

Wynn, a casino operator in Las Vegas, had accidentally poked his elbow through the 1932 portrait of Picasso's mistress, Marie-Therese Walter, while showing it to friends in 2006. The incident occurred the day after he had agreed to sell the work to Cohen for $139 million, a deal that was canceled as a result of the damage. The repaired painting now hangs in Wynn's office.

The show will include 12 paintings, a plaster sculpture, and two drawings, all inspired by Walter, who the 45-year-old Picasso first met on the streets of Paris in 1927.