Picasso painting could fetch $80 million

One of Pablo Picasso’s earliest works has been put up for sale, and it comes with an estimated worth of nearly $80 million.

“Child With a Dove,” painted in 1901 when Picasso was just 19 or 20, is being made available by its aristocratic Welsh owners

The work is considered important because it marked the beginning of the Spanish artist’s “blue period.”

Word that the Aberconway family of Wales was putting it up for sale was posted on the website of the Arts Council England, which has some say over whether important works of art are allowed to be sold abroad, according to Reuters.

The painting, depicting a child holding a dove next to what looks like a modern-day beach ball, was loaned to the Courtauld Gallery in London only last year, according to the Sunday Times, which first reported the intended sale.

The Arts Council England estimated the work to be worth 50 million pounds, or about $79 million, but added that the valuation was meant only as a rough guide.

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