Looted Kandinsky to be auction
November 2 2012
Picture: Bloomberg
Over on Bloomberg, Catherine Hickley reports that a Kandinsky worth up to $2.4m which was looted by the Nazis is to be sold at Christie's on 7th Nov, after a settlement was agreed with the heirs of German art historian Sophie Lissitzky- Kueppers.
The painting had previously been offered for sale in Cologne at the auction house Lempertz, who disputed the heirs' claim (and who under the Nazis held a number of so-called 'Judenauktions'), but it failed to sell.
More details here.
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