Picasso kept in Maine house closet for 50 years is sold

AMESBURY, Mass. (AP) : A mixed-media painting attributed to Pablo Picasso has been sold after spending 50 years in a closet in a house in Maine.

John McInnis Auctioneers, based in Massachusetts, confirmed that the painting entitled “Le Tricorne” sold on Saturday, the Boston Globe reported.

The 16 x 16 inch (40 x 40 centimeter) painting is signed and dated in the year 1919. It is believed to be a study for the stage curtain Picasso painted for a ballet of the same name that debuted that year in London, according to the New-York Historical Society. That curtain has been on display at the historical society in New York City since 2015.

The website liveauctioneers.com reported the sale price of the painting was $150,000, plus a 24% buyer’s premium.

During a routine assessment at a home in Maine, John McInnis Auctioneers of Amesbury discovered a previously unknown work on paper by Pablo Picasso.COURTESY JOHN MCINNIS AUCTIONEERS

Neither the buyer nor the seller was named, but the seller gave a statement on the websitesaying the painting was found in a closet of a home his father inherited from a female relative who studied art in Europe in the 1920s. 

“This painting was discovered in a house owned by my great aunt which was passed down to her from her uncle in the late 1930s,” the statement reads. “There were several paintings kept in a closet for 50 years (including this example) which were left by her at the time of the passing of the house to my father and now to me.”

The buyer will have at least 120 days to authenticate the painting with The Claude Picasso Administration, which is managed by the artist’s son.

AP News

1 Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s