Close Menu
  • Home
  • Art News
  • Cinema
  • Antiques
  • Jewellery
  • Crypto News
Facebook X (Twitter) Instagram
  • Home
  • Art News
  • Cinema
  • Antiques
  • Jewellery
  • Crypto News
Facebook X (Twitter) Instagram Pinterest YouTube
AMG
  • Home
  • Art News
  • Cinema
  • Antiques
  • Jewellery
  • Crypto News
AMG
Home » Looted Egon Schiele Poised to Make $1.9 M. at Auction
Looted Egon Schiele Poised to Make .9 M. at Auction

Looted Egon Schiele Poised to Make $1.9 M. at Auction

February 24, 2025No Comments4 Mins Read Art News
Share
Facebook Twitter LinkedIn Pinterest Email

An Egon Schiele watercolor is set to be sold next month at Christie’s after a settlement was reached between its cosigner and the heirs of its original owner, a Viennese cabaret performer and writer who was killed in a Nazi concentration camp.

The work, Boy in a Sailor Suit (1914), will appear in London on March 5 with a low estimate of $1.3 million as part of Christie’s 20th and 21st centuries auctions. It is one of roughly 80 artworks by Schiele once belonging to Fritz Grünbaum, an Austrian Expressionist artist who was arrested by the Gestapo in 1938 for his criticism of the Nazi party.

Related Articles

The son of an art dealer, Grünbaum amassed a collection of over 400 works that ranged from the likes of Rembrandt van Rijn and Albrecht Dürer to Auguste Rodin and Käthe Kollwitz. All these works were seized by the Nazis during their annexation of Austria in 1938, according to Grünbaum’s heirs. Grünbaum was murdered in Dachau in 1941. His wife Elisabeth was killed at the Maly Trostenets concentration camp a year later.

Timothy Reif and another trustee of the Grünbaum estate, David Fraenkel, have pursued the looted collection for years with support from the Manhattan District Attorney’s Office. The pair filed suits against a slew of American museums—New York’s Museum of Modern Art, the Santa Barbara Museum of Art, and the Art Institute of Chicago, among others—for Schiele works they say once belonged to Grünbaum, and of now have reclaimed or reached settlements for 12 works on paper by the Austrian Expressionist.

“We are grateful that Fritz Grünbaum’s ownership of [Boy in a Sailor Suit] superb work of art has been restored to history and that proceeds from this auction will help the Grünbaum Fischer Foundation support underrepresented performing artists,” Reif said in a statement to press.

The Art Institute of Chicago, however, is disputing its claim to the Schiele in its collection, called Russian War Prisoner, and has prepared evidence that it was not looted by the Nazis but rather sold by Grünbaum’s sister-in-law, Mathilde Lukacs, to an art dealer in 1956. A New York Supreme Court judge who presided over several hearings on the matter is expected to issue a ruling this fall.

The claimants have landed in court several times in recent years to settle the provenance of the Grünbaum collection, to varying success. The Carnegie Museums of Pittsburgh and the Allen Memorial Art Museum at Ohio’s Oberlin College have both returned works following ownership challenges.

In 2018, New York Supreme Court determined that Grünbaum did not voluntarily relinquish any artworks prior to his death, forcing the art dealer Richard Nagy to surrender two Schiele drawings in his collection. The ruling was upheld by a New York appeals court the following year, creating a legal precedent for Manhattan investigators to seize alleged Grünbaum artworks from US museums, as in the case against the Museum of Modern Art. The heirs have had less success elsewhere. In two civil cases, one in connection to the Art Institute’s Russian War Prisoner, federal courts determined that the pair were too late with their claims and that there was sufficient evidence that Lukacs had legitimately sold the Schiele.

Meanwhile, two Vienna museums—the Albertina and the Leopold Museum—facing a fight from the heirs, who argue that Austria’s sovereign immunity shields them from US court proceedings. For its part, Christie’s has accepted the provenance provided by the heirs.

 “It’s been a privilege for Christie’s Restitution team to help tell the powerful story of Fritz Grünbaum and his collection,” Marc Porter, Chairman of Christie’s Americas, said in a statement, adding that the sale will raise funds “for the Grünbaum Fischer Foundation’s efforts to uplift performing artists,” as well as for a children’s charity project.

Credit: Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
ANGadmin

Related Posts

Should Fine Artists Embrace Digital Art or Fear It? The Untold Revolutionary Benefit

July 26, 2025

George Baselitz’s first-ever marionette designs to debut in Austria.

July 25, 2025

David Geffen Sued By Estranged Husband for Breach of Contract

July 25, 2025

Auction House Will Sell Egyptian Artifact Despite Concern From Experts

July 25, 2025
Add A Comment

Comments are closed.

Editors Picks

Bitcoin, Ethereum, XRP Price Prediction for Next Week (28th July

July 27, 2025

Should Fine Artists Embrace Digital Art or Fear It? The Untold Revolutionary Benefit

July 26, 2025

Are Whales Signaling the Next XRP Rally With 130M Tokens Bought in 24 Hours?

July 26, 2025

Weekly Crypto Roundup: Ripple CEO Selling Erodes Trust While Unilabs (UNIL) Leads July Demand

July 26, 2025
About

Angelamaingallery is an online news portal that aims to share the latest Art news, Antiques, Jewellery, Cinema, Crypto
and much more stuff.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

University of Oxford’s Herculaneum Scroll is Being Deciphered with AI

February 7, 2025

Kate Hudson Takes Over Basketball Team in Running Point Trailer

January 30, 2025

A Comprehensive Guide on How to Buy GNO

February 10, 2025
Facebook X (Twitter) Instagram Pinterest YouTube
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$63,190.002.55%
  • ethereumEthereum(ETH)$1,683.935.58%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$602.263.90%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • rippleXRP(XRP)$1.163.07%
  • solanaSolana(SOL)$66.424.11%
  • tronTRON(TRX)$0.3264640.80%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.00%
  • HyperliquidHyperliquid(HYPE)$61.716.15%
  • dogecoinDogecoin(DOGE)$0.0859502.97%
  • USDSUSDS(USDS)$1.00-0.01%
  • leo-tokenLEO Token(LEO)$9.673.05%
  • RainRain(RAIN)$0.0134522.53%
  • zcashZcash(ZEC)$432.4812.61%
  • stellarStellar(XLM)$0.201607-4.88%
  • CantonCanton(CC)$0.164686-0.31%
  • cardanoCardano(ADA)$0.1640501.57%
  • chainlinkChainlink(LINK)$7.914.35%
  • moneroMonero(XMR)$306.243.86%
  • whitebitWhiteBIT Coin(WBT)$45.112.81%
  • USD1USD1(USD1)$1.000.00%
  • the-open-networkToncoin(TON)$1.721.17%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • bitcoin-cashBitcoin Cash(BCH)$220.600.56%
  • daiDai(DAI)$1.000.05%
  • MemeCoreMemeCore(M)$3.03-1.51%
  • LABLAB(LAB)$12.48-7.37%
  • hedera-hashgraphHedera(HBAR)$0.0821300.96%
  • litecoinLitecoin(LTC)$42.561.37%
  • suiSui(SUI)$0.750.17%
  • avalanche-2Avalanche(AVAX)$6.69-1.34%
  • paypal-usdPayPal USD(PYUSD)$1.00-0.01%
  • Circle USYCCircle USYC(USYC)$1.130.00%
  • shiba-inuShiba Inu(SHIB)$0.0000051.37%
  • crypto-com-chainCronos(CRO)$0.0613704.13%
  • nearNEAR Protocol(NEAR)$2.0911.36%
  • tether-goldTether Gold(XAUT)$4,287.24-0.27%
  • Global DollarGlobal Dollar(USDG)$1.00-0.02%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.13-0.43%
  • BittensorBittensor(TAO)$212.044.62%
  • pax-goldPAX Gold(PAXG)$4,299.85-0.20%
  • mantleMantle(MNT)$0.555.25%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.056089-0.02%
  • OndoOndo(ONDO)$0.3488113.93%
  • Ripple USDRipple USD(RLUSD)$1.00-0.01%
  • AsterAster(ASTER)$0.640.97%
  • polkadotPolkadot(DOT)$0.971.39%
  • worldcoin-wldWorldcoin(WLD)$0.4780707.31%
  • HTX DAOHTX DAO(HTX)$0.0000020.25%
  • uniswapUniswap(UNI)$2.561.03%
  • okbOKB(OKB)$73.093.89%
  • Falcon USDFalcon USD(USDF)$1.00-0.02%
  • Pi NetworkPi Network(PI)$0.1295811.50%
  • usddUSDD(USDD)$1.000.00%
  • SkySky(SKY)$0.0579164.04%
  • BFUSDBFUSD(BFUSD)$1.00-0.01%
  • HumanityHumanity(H)$0.721.73%
  • internet-computerInternet Computer(ICP)$2.34-0.79%
  • bitget-tokenBitget Token(BGB)$1.840.07%
  • pepePepe(PEPE)$0.0000032.78%
  • MorphoMorpho(MORPHO)$1.722.02%
  • ethereum-classicEthereum Classic(ETC)$7.072.04%
  • AudieraAudiera(BEAT)$3.6557.28%
  • USDtbUSDtb(USDTB)$1.000.02%
  • quant-networkQuant(QNT)$68.971.10%
  • United StablesUnited Stables(U)$1.00-0.01%
  • Spiko EU T-Bills Money Market FundSpiko EU T-Bills Money Market Fund(EUTBL)$1.210.06%
  • Blockchain CapitalBlockchain Capital(BCAP)$107.060.00%
  • Invesco Short Duration US Government Securities FundInvesco Short Duration US Government Securities Fund(USTB)$11.100.00%
  • aaveAave(AAVE)$63.231.64%
  • SirenSiren(SIREN)$1.3050.26%
  • dexeDeXe(DEXE)$20.22-2.19%
  • cosmosCosmos Hub(ATOM)$1.733.62%
  • kucoin-sharesKuCoin(KCS)$6.574.72%
  • render-tokenRender(RENDER)$1.671.86%
  • Janus Henderson Anemoy Treasury FundJanus Henderson Anemoy Treasury Fund(JTRSY)$1.110.00%
  • kaspaKaspa(KAS)$0.0312243.48%
  • polygon-ecosystem-tokenPOL (ex-MATIC)(POL)$0.0794620.93%
  • 币安人生 (BinanceLife)币安人生 (BinanceLife)(币安人生)$0.841.95%
  • algorandAlgorand(ALGO)$0.093344-0.48%
  • EthenaEthena(ENA)$0.089319-3.42%
  • ​​Stable​​Stable(STABLE)$0.033344-1.08%
  • nexoNEXO(NEXO)$0.783.03%
  • Venice TokenVenice Token(VVV)$16.572.13%
  • gatechain-tokenGate(GT)$6.433.52%
  • justJUST(JST)$0.078132-6.46%
  • beldexBeldex(BDX)$0.0788080.20%
  • filecoinFilecoin(FIL)$0.772.86%
  • flare-networksFlare(FLR)$0.0071263.66%
  • xdce-crowd-saleXDC Network(XDC)$0.029542-0.76%
  • GHOGHO(GHO)$1.00-0.01%
  • injective-protocolInjective(INJ)$5.657.34%
  • Usual USDUsual USD(USD0)$1.000.02%
  • aptosAptos(APT)$0.67-1.16%
  • Pump.funPump.fun(PUMP)$0.0015475.36%
  • Provenance BlockchainProvenance Blockchain(HASH)$0.0098985.24%
  • YLDSYLDS(YLDS)$1.000.04%
  • JupiterJupiter(JUP)$0.1577572.15%