Austrian museum to sell Schiele after Nazi legal battle
An Austrian museum is to sell a prized Egon Schiele painting to cover the $19m (£11.5m) cost of recovering another of the artist's works.
The Leopold Museum says proceeds of the 1914 Houses with Colourful Laundry (Suburb II) will pay the loan it took out to recover Portrait of Wally.
The museum paid the money to a Jewish art dealer's estate as the painting had been stolen from her by the Nazis.
The settlement last year ended a 12-year-long US legal battle.
The museum, in Vienna, has always insisted it acquired the painting in good faith from legitimate postwar owners. ...
comments powered by Disqus
- Biographer of a Progressive reformer says it's odd reading stories about inequality in the news every day
- Dutch sociologist says that what is new about mass killing is that we’re embarrassed by it
- NYT History Book Reviews: Who Got Noticed this Week?
- Convicted felon Conrad Black has a new book out
- German Historian: Rich Greeks Evade Taxes Since 1830