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For Museum, Long-Lost Picasso Is Too Costly To Keep

03:58
Industrial designer Raymond Loewy purchased Pablo Picasso's <em>Seated Woman with Red Hat</em> (or <em>Femme assise au chapeau rouge</em>) in 1957 and gifted it to the Evansville Museum in the '60s. (AP/Courtesy Evansville Museum of Arts, History & Science, Michael Wheatley)
Industrial designer Raymond Loewy purchased Pablo Picasso's Seated Woman with Red Hat (or Femme assise au chapeau rouge) in 1957 and gifted it to the Evansville Museum in the '60s. (AP/Courtesy Evansville Museum of Arts, History & Science, Michael Wheatley)

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