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London opens 'most beautiful' show of Matisse cut-outs

London's Tate Modern will on Thursday open a blockbuster exhibition celebrating the cut-out works of French artist Henri Matisse, which made even Picasso jealous. Tate director Nicholas Serota boasts that the much-anticipated show, which brings together more than 100 works from around the world, "will be the most evocative and beautiful show that London has ever seen". Of the vibrant cut-outs, Serota said: "People sometimes say these could be done by a child, but it's only an old man that has this incredible freedom of mind."

Bacon oil painting breaks Christie's record

A portrait by British artist Francis Bacon depicting his lover and muse George Dyer sold for over £42 million ($70 million, 51 million euros) at Christie's in London on Thursday, a European record for the auction house. Oil masterpiece "Portrait of George Dyer Talking", painted at the height of Bacon's powers, was first shown in Paris in 1966 -- the year of its creation -- and then at the artist's legendary first museum retrospective at the city's Grand Palais five years later. The exhibition opened two days after Dyer had committed suicide.

Britain's National Gallery buys its first American painting

By Estelle Shirbon LONDON (Reuters) - The National Gallery in London has bought its first ever painting by a U.S. artist, "Men of the Docks" by George Bellows, departing from its previous policy of acquiring only paintings by artists working in Western Europe. The gallery, which houses Britain's national collection of Western European paintings from the 13th to the 19th century, acquired the 1912 work depicting the New York waterfront from Randolph College in Lynchburg, Virginia.

Picasso, Miro and Calder works on exhibit at Mexico City's Maco art fair

Mexico City, Feb 6 (EFE).- The 2014 Zona Maco International Contemporary Art Fair is underway in Mexico City, showcasing works by Pablo Picasso, Joan Miro, Alexander Calder and scores of other artists. The 11th Zona Maco art fair, which runs until Sunday, is being held at the Centro Banamex and features works by more than 1,500 Ibero-American artists, organizers told Efe.

Picasso, Miro and Calder works on exhibit at Mexico City's Maco art fair

Mexico City, Feb 6 (EFE).- The 2014 Zona Maco International Contemporary Art Fair is underway in Mexico City, showcasing works by Pablo Picasso, Joan Miro, Alexander Calder and scores of other artists. The 11th Zona Maco art fair, which runs until Sunday, is being held at the Centro Banamex and features works by more than 1,500 Ibero-American artists, organizers told Efe.

Works by Dali, Picasso and Miro showcased at India Art Fair

New Delhi, Feb 3 (EFE).- Spanish galleries showcased works by Dali, Picasso and Miro at the 6th India Art Fair, or IAF, over the weekend in an effort to drum up business amid the weak market in Europe. The IAF, which ran from Friday to Sunday, drew 91 galleries and 1,000 artists from more than 30 countries to the NSIC pavillion in New Delhi, organizers said. "You have to get out of Europe, of France, Spain, Italy," Angelina Guerrero, of Barcelona gallery Imaginart, told Efe.

Works by Dali, Picasso and Miro showcased at India Art Fair

New Delhi, Feb 3 (EFE).- Spanish galleries showcased works by Dali, Picasso and Miro at the 6th India Art Fair, or IAF, over the weekend in an effort to drum up business amid the weak market in Europe. The IAF, which ran from Friday to Sunday, drew 91 galleries and 1,000 artists from more than 30 countries to the NSIC pavillion in New Delhi, organizers said. "You have to get out of Europe, of France, Spain, Italy," Angelina Guerrero, of Barcelona gallery Imaginart, told Efe.

U.S. casino magnate Wynn's ex-wife bought $142 million Bacon triptych: report

(Reuters) - The billionaire ex-wife of U.S. casino magnate Steve Wynn was the mystery buyer of the triptych by Francis Bacon that became the world's most expensive painting sold at auction last November, a newspaper reported. Elaine Wynn - who divorced the Wynn Resorts Ltd Chairman in 2010 - paid $142.4 million for "Three Studies of Lucian Freud" at Christie's in New York after a dramatic 10-minute sale, the Wall Street Journal reported, citing two unnamed sources.

Picasso, Magritte feature in Christie's February auctions

By Michael Roddy LONDON (Reuters) - A Picasso portrait of his lover and eventual wife Jacqueline Roque and a canvas by Belgian surrealist painter Rene Magritte are among the star attractions of February auctions that Christie's said on Monday could net almost $380 million. Christie's estimated that those works and others to be sold in four auctions on February 4-5 and a fifth on February 7 in London could raise between 156.7 million and 228.3 million pounds ($260 million-$376 million).

Colombia restores Botero works in artist's hometown

More than two dozen sculptures by Fernando Botero are being restored in the Colombian city of Medellin, the renowned artist's hometown. Situated in parks or along streets, the 27 works of amply proportioned people and animals are showing signs of weather damage and vandalism. Chewing gum, graffiti, dents and scratches mar the lustrous patinas of the Colombian master's giant bronzes.
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