Picasso’s stained glass window found in Indiana was estimated at $ 35 million

Recently found in the storerooms of the Evansville Museum of Arts, History & Science, by Pablo Picasso (1881-1973), “The Sitting Woman with Red Hat” (1954-1956) was evaluated in 30 - 40 million US dollars. This is the amount that the auction house in Guernsey hopes to receive from the sale of paintings.

Pablo Picasso - Sitting woman in a red hat. Photo: © Image courtesy of the Hagley Museum and Library

The work done using the stained-glass window technique fell into the museum’s collection in 1963, but due to a mistake by a museum employee who decided that the author of the work, Jean-Joseph Crotti (1878-1958), got into the storerooms, where he lay almost half a century. And only recently, an expert at the auction house, looking through works in the archive, discovered an image and proved the authorship of Pablo Picasso, whose signature was found in the upper right corner.

The Evansville Museum received the “Sitting Woman in the Red Hat” as a donation from renowned designer Raymond Loewy (1893-1986). Presumably, the painting depicts Marie-Thérèse Walter (Marie-Thérèse Walter, 1909 - 1977), the artist’s girlfriend, with whom he lived from 1927 to 1935.

Note that the entire collection of the Museum of Arts, History and Science is estimated at $ 10 million.

Anna Sidorova