Monday, November 29, 2010

Artist Pablo Picasso's 60 Million Euros Art Treasure Lies with Retired Electrician Pierre Le Guennec - - Picasso’s Estate Administrators To fight Legal Battle for Possession

Artist Pablo Picasso remains in news and as controversial as ever even after decades of his death. The fresh controversy is about nearly 271 art pieces which are in possession of a retired electrician who had worked for the famous artist. Pierre Le Guennec, who is 71 year old now, has claimed that those works were gifted to him by Picasso himself. Picasso’s estate administrators are planning to fight a legal battle for this treasure trove worth nearly 60 million euros.



There is no controversy regarding authenticity of the art pieces which consist of lithographs, cubist paintings, notebooks and a water color painting by Picasso. Pierre Le Guennec had worked for Picasso for nearly three years, he had installed burglar alarms in different houses owned by the artist. It does seem intriguing as to why would Picasso generously give away so many works to the electrician. Also will electrician be able to prove in court that they were indeed gifts?

It is indeed sad that true art has to go to the courts before reaching museums and auctions. Well, that’s capitalist world for you and me, everything comes here with a price tag and legalities. Pablo Picasso has to go under hammer at both the places.

No comments:

Related Posts Plugin for WordPress, Blogger...

AMAZON.COM

Smowtion

Smowtion ...