The E-Sylum:  Volume 10, Number 3, January 21, 2007, Article 29

WORRIED ABOUT PUTTING A SCRATCH ON ONE OF YOUR COINS?

"A US Casino mogul who put his elbow through a Picasso painting is
taking his insurers to court in Manhattan.

"Las Vegas magnate Steve Wynn says that he wiped $54m off the value
of Le Reve (The Dream) when the accident occurred in September last
year.

"He had been showing it to screenwriter Nora Ephron, television
personality Barbara Walters and two art dealers when the accident
happened.

"He has since called it 'the world's clumsiest and goofiest thing
to do'.

"According to his legal papers, Mr Wynn believes the value of the
painting then dropped to $85m."

To read the complete article, see: Full Story

[So how much is a hole worth, anyway?  Just any hole?  Or a famous
hole?  A famous hole is one with a great story attached, and Picasso,
Nora Ephron and Barbara Walters make for a great story.   When a
woman walked into his studio and fired a shot at Andy Warhol, the
bullet pierced several Marilyn Monroe silkscreen portraits leaning
against the far wall.  Warhol later sold the damaged pictures at a
huge discount, but these days a "Shot Red Marilyn" brings millions.
In numismatic terms, how much is James V. Dexter's 'D' 1804 Dollar
counterstamp 'worth'?  -Editor]

  Wayne Homren, Editor

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