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Thursday, 23 January 2014 15:44

France to Return Looted Artworks

On Tuesday, January 21, France’s Minister of Culture and Communication, Aurélie Filippetti, announced that the country would return three artworks that were looted during World War II to their rightful owners. The works include a 17th century landscape by the Flemish painter Joos de Momper, an 18th century portrait, and an oil on wood Madonna.

The works are among over 2,000 objects that have been held in temporary custody by French museums since the end of World War II. Some critics have spoken out against France, claiming that the country has not been proactive enough in terms of restitution efforts.

Since the end of World War II, France has returned around 80 looted artworks.

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An iconic painting by Paul Cézanne (1839-1906) was the top lot at Sotheby’s auction of Impressionist and Modern Art yesterday, May 8, 2013 in New York. Les Pommes (1889-90), a still life of apples on a table, sold for $41.6 million, exceeding its high pre-sale estimate of $35 million. The second highest earning work at the auction was Amedeo Modigliani’s (1840-1929) L’Amazone, a well-known portrait of Baroness Marguerite de Hasse de Villers, which sold for $25.9 million falling within its presale estimate of $20 to $30 million. Both of the works were from the collection of philanthropists Alex and Elisabeth Lewyt and will fund a foundation set up in their honor to contribute to their favorite causes including animal welfare.

Other major sales included a Fernand Léger (1881-1955) painting previously owned by Madonna, Trois Femmes a la Table Rouge, which sold for $7.2 million (estimate: $5-7 million); a Pablo Picasso (1881-1973) sculpture of his muse Sylvette, which garnered $13.6 million (estimate: $12-$18 million); and three bronze sculptures by Auguste Rodin (1840-1916) including a version of his famed The Thinker, which brought $15.3 million (estimate: $8-$12 million).

The total sale netted over $230 million, just under the pre-sale high estimate of $235.1 million.

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Reinhold Wuerth, a German billionaire who turned a family-owned screw wholesaler into a global company, paid more than $70 million to buy a Holbein painting, beating a bid from the Staedel Museum in Frankfurt.

Wuerth purchased the painting from the heirs of the princes and landgraves of the state of Hesse, an aristocratic family descended from Charlemagne, according to an e-mailed statement sent today by Britta Fischer Public Relations on behalf of the Wuerth Collection. The Staedel Museum, where the Holbein has hung on loan since 2003, said in a separate statement that its own final offer of 40 million euros ($57 million) was rejected.

Christoph Graf Douglas, the art dealer who negotiated the sale, said the price was more than 50 million euros, the highest ever paid for an artwork in Germany. He declined to name the final sum because of an agreement between the buyer and sellers.

“It is the most important painting sold in Germany since World War II,” Graf Douglas said by telephone from Frankfurt. “I had other willing buyers but they wanted to take it out of Germany, which wasn’t allowed. I could probably have sold it for more than 100 million euros if it wasn’t barred from export.”

Interested buyers included the J. Paul Getty Museum, he said.

Protective Cloak

The 1525-8 oil painting by Hans Holbein the Younger, “The Madonna With the Family of Mayor Meyer,” was painted on commission for the Basel mayor Jakob Meyer zum Hasen. The Meyers are portrayed at the feet of the Madonna, sheltered under her cloak. It belonged to the family for almost 100 years.

“It is the transition from the wonderful German late Gothic to the Renaissance,” Graf Douglas said. “When you stand in front of it you see how mystical, wonderful it is.”

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