ART - Masterpiece Windfall at the New York's 'Met'

"Lauder's Collection of Cubist Masterpieces Bound for Metropolitan Museum of Art" PBS Newshour 4/10/2013

Excerpt

SUMMARY:  The Metropolitan Museum of Art is the recipient of a "transformative" collection of Cubist works by the likes of Pablo Picasso, Georges Braque and others.  The donation, worth more than $1 billion, was made by Leonard Lauder, philanthropist and former chairman of Estée Lauder. Margaret Warner talks to the Met's Rebecca Rabinow.

MARGARET WARNER (Newshour):  Philanthropist Leonard Lauder, an heir to the Estee Lauder estate, is giving the Met his entire collection of cubist art.  The 78 paintings, drawings and sculptures are valued together at more than $1 billion dollars.  They include 33 pieces by Pablo Picasso, like Woman in an Armchair from 1913, 17 works by Georges Braque, including Bottle of Rum from 1914, and other major pieces by Fernand Leger and Juan Gris.

For more on the collection and its significance, we turn now to Rebecca Rabinow, a curator from the Met's Department of Modern and Contemporary Art.  And she joins us from San Francisco.

Cubist Art at the Met slide show