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gavel restitution schedule May 8, 2025 visibility 13 link 7 artists

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.

newspaper Artnet News open_in_new Read original

gavel restitution schedule Oct 8, 2025 visibility 26 link 7 artists, 1 gallery

matthiesen gallery lawsuit jill newhouse jon landau courbet

The Matthiesen Gallery in London has filed a lawsuit in the Southern District of New York alleging fraud, breach of contract, and other counts over a Gustave Courbet painting, *Mother and Child on a Hammock*. The gallery claims that Thomas Austin Doyle, a convicted con man, orchestrated a scheme to defraud director Patrick Matthiesen, selling the painting—valued at $650,000—through artist and dealer Shalva Sarukhanishvili to Jill Newhouse Gallery for $115,000, which then sold it to top collector Jon Landau for $125,000. The lawsuit also names Landau, who allegedly viewed the work multiple times at TEFAF fairs knowing its retail price, yet refuses to return it. Doyle has a long criminal history, including prior convictions for art fraud and theft.

newspaper ARTnews open_in_new Read original

gavel restitution schedule Nov 3, 2025 visibility 13 link 1 artist

Netherlands will return stolen ancient statue—featured at Tefaf art fair in 2022—to Egypt

The Netherlands will return a 3,500-year-old stolen Ancient Egyptian statue to Egypt after it was spotted at the Tefaf Maastricht art fair in 2022 by an eagle-eyed visitor. The stone statue, believed to depict a high official from the dynasty of Pharaoh Thutmose III, was flagged via an anonymous tip, leading the dealer to voluntarily surrender it. An investigation by Dutch police and the Information and Heritage Inspectorate confirmed it was likely plundered unlawfully and illegally exported. The statue will be handed to the Egyptian ambassador in The Hague later this year, in line with the 1970 Unesco convention against trafficking cultural property.

newspaper The Art Newspaper open_in_new Read original

gavel restitution schedule Feb 23, 2026 visibility 8

appeals court clears spanish dealer convent sculpture

The High Court of Justice of Andalusia has overturned a four-year prison sentence for antiques dealer Santos Boy Jiménez Cortés, who was previously convicted of misappropriating a 17th-century Baroque sculpture. The artwork, 'Saint Margaret of Cortona' by José de Mora, was purchased from the Our Lady of the Angels convent in Granada for €21,600 before being resold to a Madrid gallery and eventually offered at TEFAF New York for €400,000. The court ruled that the nuns' claims—that they had only requested a restoration budget rather than selling the piece—were inconsistent and lacked documentation.

newspaper ARTnews open_in_new Read original

gavel restitution schedule Mar 11, 2026 visibility 16 link 1 artist, 1 gallery

New rules on importing cultural artefacts create headaches at Tefaf Maastricht

The implementation of new EU regulations on the import of cultural goods over 250 years old is causing significant disruption at TEFAF Maastricht. Dealers and collectors are facing administrative hurdles, including difficulties obtaining mandatory EORI numbers and inconsistent enforcement by customs officials. These rules, which require extensive documentation for items originating outside the EU, have led to seized shipments and a general crisis of confidence among international exhibitors.

newspaper The Art Newspaper open_in_new Read original