Austria’s Leopold Museum paid $19 million to the heirs of the Jewish art dealer Lea Bondi Jaray to settle a decades-long dispute over Egon Schiele’s portrait of his lover Wally, stolen by the Nazis in the 1930s.
Three drawings by Egon Schiele are estimated to sell for a total of as much as 12 million pounds ($17.6 million) at an auction in London in February.
Vienna’s Leopold Museum agreed to pay $5 million to the granddaughter of Jenny Steiner, a Jewish silk- factory owner, to keep in its collection a painting by Egon Schiele that was stolen by the Nazis.
A cityscape by Egon Schiele valued at a record $50 million will be auctioned to pay for the settlement of one of the world’s longest-running art restitution cases.
Sotheby’s last night raised $155 million from a London auction of just 35 lots, led by a townscape by Egon Schiele that sold for an artist record.
Diethard Leopold, a Viennese psychotherapist whose father founded the Leopold Museum , is aiming to settle all outstanding Nazi-era claims for art in its collection within a year.
Vienna’s Leopold Museum agreed to settle with the remaining claimants of Jenny Steiner to keep in its collection Egon Schiele’s “Houses by the Sea,” that was stolen by the Nazis.
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Austria’s Leopold Museum should return seven Nazi-looted paintings by Egon Schiele and Anton Romako to their rightful owners, said an art commission set up by the country’s Ministry of Culture.