A once-disputed Picasso masterpiece set to hit the auction block this summer is expected to sell for up to $60 million -- which would be a world record for the artist's work.
"Portrait of Angel Fernandez de Soto (The Absinthe Drinker)" is being sold by composer Andrew Lloyd Webber's charitable foundation after being withdrawn from a sale in 2006 when the heir of a German banker claimed his ancestor was forced by the Nazis to sell the work in the 1930s.
The case was later thrown out and an undisclosed agreement reached between Webber's charity and the heir.
The portrait, painted at the height of Picasso's famed Blue Period, is set to be auctioned at Christie's in London on June 23.
David Mikael Taclino
Inyu Web Development and Design
Creative Writer
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