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Thief steals Playboy nude painting

SAN FRANCISCO (Reuters) - A thief, apparently enamoured with a saucy Vargas pin-up of a female nude that appeared in Playboy Magazine, stole the painting in broad daylight, officials say.

The thief walked into a gallery in the town of Larkspur, north of San Francisco, on Sunday afternoon and set his eyes on a January 1960 painting by pin-up artist Alberto Vargas. He grabbed the watercolour from an easel and then escaped even though the gallery owner chased him down the street.

Larkspur police said the painting had a value of $125,000 but was selling for $75,000 because of depressed prices in the art market.

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