Issues of provenance in the art market do not normally revolve around 202kg of cocaine but that is the case in a bizarre legal row between Christie's and a London-based millionaire.
The auction house is being sued by Sasan Ghandehari, the representative of Brewer Management Corporation, which bought Pablo Picasso’s Femme dans un rocking-chair for $19.6 million in 2023 after signing a guarantee to complete the deal if the painting failed to sell.
But in legal documents seen by the Financial Times, he says he would never have bought it if he had known it had been at one time owned by Spanish drug dealer Jose Mestre who was jailed after police found cocaine hidden on a cargo ship.
Christie's say the painting was actually owned by his son, also called Jose, at the time of the auction, but Ghandehari wants the deal canceled and the $6.5 million already paid to be given back.
He said he "did not want any of his own money being paid to Jose Sr or any person connected with him”, but the auction house said it will "robustly defend this claim and continue to pursue the sums rightfully owed to it".