A painting found in a basement in Capri over 60 years ago is thought to be a Picasso original and could be worth millions, Italian experts have said
Becca Longmire is a digital news writer-reporter at PEOPLE. She has been working at PEOPLE since 2024. Her work has previously appeared on ET Canada, Metro and the Mail Online.Andrea Lo Rosso with the painting experts believe to be a Picasso original; the family with the artwork in the background.A painting thought to be a Picasso original was found over 60 years ago by a junk dealer in the basement of a villa on the island of Capri, Italy"There is no doubt that the signature is his.
Not thinking too much of it when he found it at the time, Luigi's son, Andrea Lo Rosso, told CNN that his father put the painting in a cheap frame and gifted it to his wife.Instead of selling it, she hung it up in the family home for five decades before later putting it in their restaurant, because she reportedly didn't think it was nice enough to sell.
“From Dad’s stories, I know that there were two canvases recovered from the Capri dump site. However, only one was signed by Picasso," he added. "Both were covered with earth and lime and my mother spread them out and washed them with detergent, as if they were carpets."'“After all the other examinations of the painting were done, I was given job of studying the signature,” Altieri said. “I worked on it for months, comparing it with some of his original works.
The artwork has similarities to Picasso's '30s painting Buste de femme , and president of the Arcadia Foundation, Luca Marcante, told Italian newspaper“They are probably two portraits, not exactly the same, of the same subject painted by Picasso at two different times. One thing is for sure: The one found in Capri and now kept in a vault in Milan is authentic," Marcante added, per the outlet.
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