Man Unveils "Newly-Discovered Picasso Piece" - WLNS TV 6 Lansing - Jackson | Your Local News Leader

Man Unveils "Newly-Discovered Picasso Piece"

EAST LANSING, Mich. (WLNS) -- After years of research and scientific testing, a man came to East Lansing Monday to unveil, what he calls, a newly-discovered piece of artwork by Pablo Picasso. 

Avid collector Tony Begley bought the drawing in 2007 from a seller in Nevada. After researching the piece for more than five years, Begley traveled from Tennessee to East Lansing's Speckin Forensic Laboratories to confirm the drawing's age and style.

"We got to the point where we needed to have it tested forensically... to be able to put all of the pieces of the puzzle together," Begley said.

The piece was never published or cataloged, but Begley said the certificate of authenticity proves the original 1970 London purchase. The seller was Ambroise Vollard, a prominent French art dealer and friend of Picasso.

"He was the one that basically drove Picasso to make him who Picasso really was," Begley said. 

He said stamps on the back further prove the piece and its characteristics match Picasso's other work.

"You can see kind of the similarities between the horse and the Picasso," Begley said. 

Begley won't say how much he paid for the work, but said experts estimate the piece would sell for between $400,000 and $2.5 million. He now heads to Knoxville, Tenn. to have the art world take a look at the newly-discovered drawing.

Begley said he'll be willing to sell or trade the piece, if the right offer comes along. 

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