"Spain's National Police have found and identified Pablo Picasso's 1919 painting Still Life with Guitar, which had been missing since October 3, when it was meant to have been transferred from Madrid to Granada for an exhibition. Officers now believe that the tiny painting, measuring about five by four inches (12.7 x 9.8 cm), may not have been loaded onto the transport truck at all, but remained behind in the capital, where it was finally located."
"The artwork, a small gouache and graphite on paper, is framed and insured for 600,000 ($697,000). The piece, considered a minor work by the artist, was sold for 60,000 ($90,000) a few years ago, according to Ledor Fine Art, which specializes in the sale of Picasso's works. CajaGranada Foundation, which was in charge of the exhibition where the piece was to be displayed, Still Life: The Eternity of the Inert, declined a request for comment from EL PAIS."
Spanish National Police located Pablo Picasso's 1919 painting Still Life with Guitar after it went missing during a scheduled transfer from Madrid to Granada on October 3. Officers believe the small gouache and graphite on paper, measuring about five by four inches, may never have been loaded onto the transport truck and instead remained in Madrid. The framed work is insured for 600,000 ($697,000) and had previously sold for 60,000 ($90,000), according to Ledor Fine Art. CajaGranada Foundation, organizer of the exhibition Still Life: The Eternity of the Inert, declined to comment. Authorities began investigating after a formal complaint filed October 10.
Read at english.elpais.com
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