«IT'S CALLED GOSSIP AND OF COURSE IT'S AN OBSESSION OF MINE»

GRASSE, France - When Pablo Picasso died in 1973, he left behind no will and a trove of an estimated 70,000 works of art. In the decades since, that collection has been the subject of numerous thefts, forgeries, courtroom dramas and secretive sales. Complicating matters is the tangled legacy of his gifts to his four children and eight grandchildren, as well as numerous wives and muses and hangers-on.

On the legal art market, his pieces still rake in millions of dollars every year, and two recent developments could shake up the international race to own a piece of the famed Spanish artist.

Marina Picasso, a granddaughter of the artist, is reportedly aggressively selling off some of her 10,000-piece collection of his art.

She has allegedly already begun privately shopping seven of the works, valued at $290 million, reports Page Six.

While Marina Picasso has denied she has decided exactly how many artworks she will sell, she did tell The New York Times: "It's better for me to sell my works and preserve the money to redistribute to humanitarian causes."

-CBS News