Pearson gold heist suspect arrested after flying into Toronto from India
Another suspect is in custody in connection with the gold heist at Toronto Pearson International Airport last year, police say.
A selection of 11 Pablo Picasso works have been auctioned for a collective total of more than US$110 million, after being on display for years in a Las Vegas restaurant.
Part of the MGM Resorts Collection, the pieces were a hallmark of the Bellagio Hotel's Michelin-starred French and Spanish eatery "Picasso," which is inspired by the artist's life and work.
Coinciding with the artist's 140th birthday, MGM said the auction was the "largest and most significant" fine art sale ever to take place in Las Vegas. Organized by Sotheby's, it was the auction house's first evening marquee sale to take place outside New York.
The star attraction of Saturday's auction was "Femme au béret rouge-orange," or "Woman in a reddish-orange hat," a 1938 portrait of Picasso's lover and muse Marie-Thérèse Walter.
The Spanish artist's affair with Walter lasted from the late 1920s to the 1930s, and she gave birth to their daughter Maya in 1935. Picasso's portraits of Walter are characterized by vivid colors and a sense of intimacy.
Initially estimated to sell for between US$20 and US$30 million by Sotheby's, it was eventually auctioned off for more than US$40 million.
Picasso, who lived from 1881 until 1973 and spent much of his adult life in France, is often dubbed the founding father of the Cubist style of painting -- and "Femme au béret rouge-orange" bears some similarities to his famous later portraits of his lover Dora Maar.
The auction also featured two Cubist-inspired still life paintings from the early 1940s during World War II -- with "Nature morte au panier de fruits et aux fleurs" selling for US$16.6 million, while "Nature morte aux fleurs et au compotier" sold for US$8.3 million.
Meanwhile, "Homme et enfant," or "Man and child," which Sotheby's said reflected his later spontaneous style and his role as a father, sold for just over US$24 million.
However, it was the less high-profile works that hugely exceeded their estimates, with the 1962 painted terracotta "Le Déjeuner sur l'herbe" -- inspired by Edouard Manet's 1863 painting of the same name -- selling for over four times its highest valuation.
The auction also included a sculpted white pitcher with three faces carved onto its surface. The work, produced by Picasso in 1954, was valued at between US$60,000 and US$80,000 but sold for US$315,000.
Some works also revealed intimate details about Picasso's life and work -- with a ceramic tile showing the window of his workshop "La Californie," which overlooked the sea in the southern French city of Cannes.
In an August press release, MGM said the auction would help in "deepening diversity and inclusion" within its art collection. Some of the proceeds will be invested back into the art market, according to Sotheby's.
An MGM spokesperson said via Sotheby's that the group's collection still contains 12 other Picasso artworks that will replace the auctioned items at the Bellagio's "Picasso" restaurant.
The-CNN-Wire
™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
Another suspect is in custody in connection with the gold heist at Toronto Pearson International Airport last year, police say.
Hailey and Justin Bieber are going to be parents. The couple announced the news on Thursday on Instagram, both sharing a video that showcases Hailey Bieber's growing belly.
A family of fifth generation farmers from Ituna, Sask. are trying to find answers after discovering several strange objects lying on their land.
A B.C. man has been convicted of assault with a weapon after using a skid-steer Bobcat to chase two homeless people from his lawn, injuring one of them in the process.
A Conservative government led by Pierre Poilievre would not legislate on, nor use the notwithstanding clause, on abortion, his office says, as anti-abortion protesters gather on Parliament Hill.
A southwestern Ontario woman has received an $8,400 bill from a hospital in Windsor, Ont., after she refused to put her mother in a nursing home she hated -- and she says she has no intention of paying it.
Miss Teen USA resigned Wednesday, sending further shock waves through the pageant community just days after Miss USA said she would relinquish her crown.
A grieving mother is speaking out after her 36-year-old son was shot and killed in North Preston, N.S., Wednesday night.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
A Listowel, Ont. man, drafted by the Hamilton Tigercats last week, is also getting looks from the NFL, despite only playing 27 games of football in his life.
A small Ajax dessert shop that recently received a glowing review from celebrity food critic Keith Lee is being forced to move after a zoning complaint was made following the social media influencer’s visit last month.
The Canada Science and Technology Museum is inviting visitors to explore their poop. A new exhibition opens at the Ottawa museum on Friday called, 'Oh Crap! Rethinking human waste.'
The Regina Police Service says it is the first in Saskatchewan and possibly Canada to implement new technology in its detention facility that will offer real-time monitoring of detainees’ vital health metrics.
The stakes have been set for a bet between Vancouver and Edmonton's mayors on who will win Round 2 of the Stanley Cup playoffs.
A grieving mother is hosting a helmet drive in the hopes of protecting children on Manitoba First Nations from a similar tragedy that killed her daughter.
A chicken farmer near Mattawa made an 'eggstraordinary' find Friday morning when she discovered one of her hens laid an egg close to three times the size of an average large chicken egg.
A P.E.I. lighthouse and a New Brunswick river are being honoured in a Canada Post series.
An Ontario man says he paid more than $7,700 for a luxury villa he found on a popular travel website -- but the listing was fake.