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Picasso Painting Found in Woman’s Collection Closet Then Auctioned

Picasso Painting Found in Woman’s Collection Closet Then Auctioned

If there is ever a need for you to rummage into the back of your closets for buried treasures, this is the one.

A guy in Maine discovered a picture of his great aunt’s house, which has been passed down through the centuries. The house has been part of his family heritage since the late 1930s, and his father, who currently owns the paintings, inherited the residence. Pablo Picasso’s artwork “Le Tricorne” from 1919 was discovered in one of the closets of his great aunt’s collection of rare artworks and books that had been stored in a closet for fifty years.

According to the Boston Globe, the small painting ascribed to Picasso was sold at an auction in Amesbury, Massachusetts for more than $150,000. The piece was sold for $150,000 plus a buyer’s premium of 24 percent last June 26 at John McInnis Auctioneers.

The piece is considered a “maquette for Picasso’s biggest work of the same name on show at the New York Historical Society in New York City,” according to a description in one of the catalogues.

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According to the terms of the sale, the buyer will have at least one hundred twenty days to get the piece after a little preparatory work and study to verify it as a genuine piece of work from Picasso himself.

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