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A street in a small town in Italy bears the name of a British officer who risked court martial to save a Renaissance masterpiece from shelling in the Second World War.

Yet, Italian art experts have become so worried about the state of the 15th-century fresco dubbed “the greatest picture in the world”, that they have embarked on a major restoration project.

The work was only made possible with a hefty donation from a private citizen.

Piero della Francesca’s "The Resurrection," on display in Sansepolcro in north-east Tuscany, is widely hailed as one of the masterpieces of late 15th-century Italian art.

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German government-appointed experts on Friday gave the green light to the restitution of one of the most valuable artworks in the trove of late collector Cornelius Gurlitt to its American owners.

Art experts mandated by Berlin to comb Mr. Gurlitt's collection for Nazi loot said that "Two Riders on the Beach," a 1901 Max Liebermann painting, was looted during World War II and rightfully belonged to the heirs of David Friedmann, a German-Jewish collector who died in the early 1940s. The family is currently suing the Bavarian government for its return.

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A hidden painting has been found by scientists beneath the brush strokes of The Blue Room, a 1901 Picasso artwork.

Art experts and conservators at The Phillips Collection in Washington used infrared technology on the masterpiece, revealing a bow-tied man with his face resting on his hand.

Picasso created both works in Paris during his famous blue period.

"It's really one of those moments that really makes what you do special," said conservator Patricia Favero.

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Today's modern art forger is capable of producing fake works of art so perfect that even trained experts are unable to spot them. Even down to the most minute details of the pigments, binders, and canvas, these fakes are almost better than the works they're based on. But thanks to a byproduct of the Atomic age, the art world has a potent tool for finding forgeries.

Since the start of the 1960s, the art world—especially the modern art world—has been besieged by a torrent of faked "masterpieces." Peggy Guggenheim (yes, that Guggenheim) was once famously duped into purchasing what was believed to be a canvas painting by French artist Fernand Léger completed around 1913. It hung in her private collection for decades before being revealed as a forgery. This problem only expanded through the 1980s and 1990s as the market for modern art exploded.

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Monday, 12 May 2014 12:55

Van Gogh Painting Discovered in Bank Vault

Agents from the Agencia Tributaria—the Spanish IRS—announced the find of a priceless Van Gogh which disappeared from the Kunsthistorisches Institut in Vienna, Austria. Dated in 1889, the painting "Cypress, sky and field" was discovered in a safe deposit box that belonged to a Spanish fraudster.

According to El Mundo (in Spanish), the 13.7 x 12.6-inch (35 x 32-centimeter) unframed painting has been authenticated by two art experts from the Spanish Ministry of Culture.

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Tuesday, 04 February 2014 13:37

Four Seasons to Remove Picasso Tapestry

The Four Seasons Restaurant on Park Avenue in New York City will remove Pablo Picasso’s ‘Le Tricorne’ from its lobby. The 19-foot-tall tapestry has hung in the Seagram Building, home to the Four Seasons, for over 55 years. The work will be removed so that the wall behind the tapestry can be repaired. However, many experts fear that the masterpiece could be severely damaged in the removal process.

While the Seagram Building is owned by RFR Holding, the Picasso tapestry is owned by the New York Landmarks Conservancy. Peg Breen, the president of the Conservancy, believes that once the painting is removed, RFR Holding’s executive, Aby Rosen, will replace it with a more contemporary work of art. The Museum of Modern Art has offered to keep the tapestry in storage if it does not return to the Four Seasons.

‘Le Tricorne’ is slated to be removed on February 9, 2014.

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Art experts are searching for an eBay user that purchased a canvas for £3,000 in an online auction back in 2006. The painting, which depicts a couple eating oysters and drinking Champagne, was recently revealed to be an authentic work by the French Impressionist painter Édouard Vuillard. The canvas is estimated to be worth £250,000.

The discovery was made after experts on the BBC antiques program, Fake or Fortune, appraised a painting owned by a writer named Keith Tutt. Tutt had purchased the work, which was later revealed to be an authentic Vuillard painting, at an auction for a minimal amount. Robert Warren, the art dealer who sold the canvas to Tutt, stated that it had been one of a pair and that he had sold the other on eBay but could not remember who purchased it.

Fiona Bruce, co-host of Fake or Fortune, said, “We've done all the forensic and investigative work to prove it's genuine, now we just need to find the owner and tell them the good news. Someone, somewhere in the world is sitting on a fortune."

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