Torn Picasso Loses Half Its Value

On Friday, a woman at the Metropolitan Museum of Art fell into Picasso’s “The Actor,” leaving a six-inch gash along its lower-right hand corner. Oops! Now, an art appraiser tells the New York Post that the tear has likely reduced the one-time $130 million painting’s value in half. "When an artwork comes up in auction, that's the first thing people want to know—were there any repaints or restorations,” the appraiser said. Picasso painted “The Actor” in 1904-1905, when he was only 23.