Monday, March 5, 2012

Klimt painting looted by Nazis sold for $40M in NY

NEW YORK (AP) — A 1915 painting by Gustav Klimt that was looted by the Nazis and returned to the owner's grandson has sold for $40.4 million at auction.

The painting, Litzlberg on the Attersee, was returned to 83-year-old Georges Jorisch by an Austrian museum in July.

The landscape was originally owned by Austrian iron magnate Viktor Zuckerkandl before being passed on to his …

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