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August 2001 fine-art market intelligence

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Fine art

Criminal underworld is offered bait to help recover stolen Goya

independent.co.uk

The article reports that a London loss adjuster, Tyler & Co, is offering financial bait to the criminal underworld to recover the Goya painting The Swing, stolen from Esther Koplowitz in Madrid. The insurer’s reward is $400,000 for information leading to the recovery of the Goya, with other stolen works mentioned.

Fine art

Francis Bacon's 7 Reece Mews Studio Reconstructed at Hugh Lane Gallery

absolutearts.com

Francis Bacon’s 7 Reece Mews studio reconstructed at the Hugh Lane Gallery in Dublin was opened in May 2001 and is described as the definitive archive of Bacon’s studio with over 7,000 items, including 80 works on paper and around 1,500 photographs by John Deakin, Peter Beard and Henri Cartier-Bresson. The project features reconstructed original walls, floor, ceiling and a wooden staircase, and is complemented by an Audio Visual room, an Exhibition Gallery and a Micro Gallery.

Fine art

Son of El Lissitzky files for return of another war loot Kandinsky

theartnewspaper.com

The New York attorneys of Jen Lissitzky, son of El Lissitzky, filed a complaint on 13 July against the Beyeler Foundation seeking the return of Wassily Kandinsky’s Improvisation No.10, looted by the Nazis in 1937; the dispute concerns the Sophie-Küppers-Lissitzky collection. Two other paintings from the collection have already been returned, including one from a Japanese museum.

Fine art

Austria can be sued in the US in claim that it forced Jew to give Klimts after World War II

theartnewspaper.com

The Art Newspaper reports that a California federal court ruled Austria can be sued in the US for the return of six Gustav Klimt paintings stolen from Ferdinand Bloch-Bauer and now in the Austrian National Gallery collection, including Adele Bloch-Bauer I and II, Beechwood, Apple Tree I, Houses in Unterach am Attersee, and Amalie Zuckerkandl; the paintings are valued around $150 million.

Fine Art

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