
Wednesday
Picasso On CostCo Website
It may look like a doodle, but the art dealer who is offering it on Costco's Web site says it's an original Picasso, signed and dated by the artist. The crayon on paper drawing of a face, priced at $39,999.99, went up on the site on Jan 12 and is still listed. The drawing is signed and dated Nov. 29, 1970. It is authenticated through a handwritten and signed declaration by Picasso's daughter, Maya, on a photograph of the drawing.
Dealer Jim Tutwiler of Orlando, says collectors can find bargains when they buy from Costco because its markup is just one-tenth that of traditional galleries. He's been selling art through Costco for the past decade. The discount retailing giant may be better known for bulk chicken and cases of soda, but the Costco.com site features an eclectic mix of items, from caskets to computers, saunas to sports equipment. This is the second and most expensive crayon drawing by Pablo Picasso that Tutwiler has offered through the company.
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Irish Art
