World / Pablo Picasso Missing for 14 Years, a $15M Picasso Returns Home La Coiffeuse will be given the French government after its discovery in NY By Arden Dier, Newser Staff Posted Aug 14, 2015 6:00 AM CDT Copied An officer stands guard next to Pablo Picasso's painting entitled "La Coiffeuse," Thursday, Aug. 13, 2015, at the French Embassy, in Washington. (AP Photo/Andrew Harnik) A stolen painting by Pablo Picasso is back in the hands of the French government 14 years after it vanished from a Paris museum. The 1911 work La Coiffeuse (The Hairdresser) was discovered in December in a FedEx package sent to New York from Belgium. Though the package said it contained a $37 "craft/toy," experts value the painting at $15 million. Yesterday, it was handed over to the French embassy in Washington, reports NBC News. "We're so glad that it's going to be shown to the world again," the director of US Immigration and Customs Enforcement says. Officials have said nothing as to how the painting was stolen, who took it, or who mailed the package. The Guardian reports an investigation into the theft is ongoing; no arrests have been made. (More Pablo Picasso stories.) Report an error