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Updated · Bluefield Daily Telegraph · Aug 15Stolen Picasso Print Worth Up to $50,000 Resurfaces in Milwaukee 8 Years Later
3 articles · Updated · Bluefield Daily Telegraph · Aug 15Summary
- A Pablo Picasso print stolen from Bill DeLind’s Milwaukee gallery in 2018 has been recovered in the city, ending an eight-year search.
- The work — “Torero,” one of 30 signed by Picasso — was found last week when landlord Tim Dertz cleared out a vacant apartment after an eviction.
- Bill DeLind identified the piece by a gallery sticker; in 2018 it was appraised at $35,000 to $50,000.
- Milwaukee police are investigating how the print ended up in the apartment, while the FBI declined to comment.
Insights
A stolen Picasso was found in a vacant apartment, but will the six-year statute of limitations let the thief walk free? After an insurance payout for a stolen Picasso, who truly owns the rare masterpiece once a landlord discovers it years later?