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32 million klimt sale falls through

The record-setting $32 million sale of Gustav Klimt's "Portrait of Fräulein Lieser" (1917) has fallen through after a restitution settlement failed to resolve gaps in its provenance. The painting, discovered in early 2024 and sold at Im Kinsky auction house in Vienna to an anonymous Hong Kong buyer in April, was mired in controversy over its history during the Nazi era. The work's whereabouts between 1925 and 1961 were unknown, a period including Austria's annexation by Nazi Germany. The auction house proposed the work was commissioned by Henriette Lieser, who was deported and murdered at Auschwitz, but conflicting theories about the sitter's identity and the painting's path through a Nazi party member's family complicated restitution efforts. A new potential legal heir emerged after the sale, and the buyer ultimately pulled out.

nazi looted egon schiele art return

A Manhattan judge has blocked London-based art dealer Richard Nagy from selling or transporting two watercolors by Egon Schiele, which were on display at his booth during the Salon of Art + Design fair at the Park Avenue Armory. The works—Woman in a Black Pinafore and Woman Hiding Her Face—are claimed by the heirs of Fritz Grünbaum, a Jewish Holocaust victim and cabaret performer who died at Dachau. The heirs, Timothy Reif and David Fraenkel, filed suit in Manhattan Supreme Court, alleging the paintings were among 400 artworks surrendered to the Nazis by Grünbaum's wife. Nagy disputes the claim, arguing the works were sold legally by Grünbaum's sister-in-law in 1956 and that previous arbitration boards found no evidence of Nazi looting.

tokushima modern art museum wolfgang beltracchi forgery

A painting in Japan's Tokushima Modern Art Museum, originally attributed to French Cubist Jean Metzinger and purchased in 1999 for 67.2 million yen ($426,000), has been confirmed as a forgery by notorious German forger Wolfgang Beltracchi. The museum withdrew the work, titled *At the Cycle-Race Track 55*, from an upcoming exhibition after experts identified synthetic pigments from after the mid-20th century. The Osaka-based seller agreed to a refund and return, completed in October and November 2024, and the painting has been removed from the prefectural government's inventory.

faked artworks japan wolfgang beltracchi

A painting long attributed to Moïse Kisling, titled *Kiki de Montparnasse* and held by Japan's Yamada Bee Company Group, has been identified as a forgery by notorious art forger Wolfgang Beltracchi. The discovery, reported by NHK, follows a wave of Beltracchi-linked fakes uncovered in Japanese museums and collections, including a purported Marie Laurencin portrait in Tokyo and a forgery of Heinrich Campendonk's *Girl with Swan* at the Museum of Art, Kochi. Beltracchi admitted to forging the Kisling around 1990, claiming he studied the artist deeply.