Officials in Ibiza seized a $460,000 Picasso sketch that a passenger tried to pass off as a second-rate print:
Customs officials on the Spanish island of Ibiza have seized a Picasso sketch worth over CHF 450,00 , after the passenger carrying it failed to claim it.
totalling CHF 1,500 . Upon further inspection, however, the agents located another receipt in the bottom of his luggage from an art gallery in Zurich which stated the work was an authentic sketch by Picasso worth a whopping CHF 450,00 .Customs officials then sent the work to an art expert via the gave a preliminary determination that it was indeed a work by the Spanish master. The passenger may face charges related to smuggling, for failing to declare the value of the artwork, and for presenting authorities with a fake receipt.
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