Pablo Picasso Art Find: Picasso Esate Worker Pierre Le Guennec:
Retired Electrician, Picasso Estate Worker, Pierre Le Guennec, Reveals Picasso Art Treasure Worth $100 Million
Pierre Le Guennec a retired election who once worked for Pablo Picasso has revealed 271 hither too unknown works of art by the Spanish master.
Initial estimates put the value of the Pierre Le Buennec, Picasso artwork find at 50 million British pounds or almost $100 million dollars, triggering a lawsuit from Picasso's family.
The pictures include lithographs, watercolours, portraits and sketches and date from Picasso's most creative period, between 1900 and 1930, according to reports in France.
Pierre Le Guennec and his wife say they came forward because they were getting on years and did not want to leave affairs unsettled for their children to manage.
The couple said that they were given the works by Picasso and his wife, Jacqueline, according to a police official.Mr Le Guennec showed many of the works to Picasso's son Claude and other estate administrators who believe the works are authentic.
He claims to have installed burglar alarm systems at Picasso's numerous houses in France before the artist died in 1973, and says he was given the works as gifts.
But the administrators have filed a case for alleged illegal receipt of the works of art.