Definitely a Picasso but one of a lower grade.
I think the pictures, unless EIBI, reflect Grade A's. I also think with snowflakes, platinums, and other mutations now milling out, lines have gotten more blurred, and the Picassos are not see with as much "WOW" factor as they were before.
I don't feel that $60 was out of line for this particular fish at all. Is that another fish in the background? It appears to have more white?