A painting discovered by a junk dealer in the basement of an Italian villa six decades ago is actually the work of Pablo Picasso and could sell for millions, according to experts.
Luigi Lo Rosso used to spend his days combing abandoned houses and landfills in search of treasure to sell in the family’s pawn shop in Pompeii, Italy. In 1962, he found a rolled-up canvas with an asymmetrical painting of a woman in the basement of the villa on the nearby island of Capri.
Thus began a decades-long journey to authenticate the signature on the artwork. The family said they contacted art historians, many of whom told them it wasn’t an original, but offered to take it off their hands. Suspicious, they registered it with Italy’s patrimony police, who first thought it might be stolen, but, since it was not authenticated at the time, allowed the family to keep it. The artwork has been locked in a vault in Milan since 2019.
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