Düsseldorf Addresses Nazi-Looted Franz Marc Painting – ARTnews.com
Experts have said that the city of Düsseldorf should return a painting by Franz Marc looted by the Nazis to the heirs of its owner. According to a report in Monopoly Magazine, Marc’s 1913 painting The Foxes is the subject of a reimbursement proceeding with the city’s cultural committee.
The work has been in the art collection of the city of Düsseldorf since 1962. Its original owner was the Jewish businessman and banker Kurt Grawi, who bought the painting in 1928 and fled Europe to Chile after being imprisoned in the Sachsenhausen concentration camp. In a 1939 letter, Grawi wrote that selling foxes in New York would fund his emigration from Europe.
The art newspaper reports that Foxes is valued at an estimated $ 15 to $ 30 million (about $ 18 to $ 36 million). Last month, the publication reported that the German Advisory Board on Art Looted by the Nazis had recommended the city of Düsseldorf to return the painting to Grawi’s heirs.
The heirs have worked towards the return of the painting in recent years, and the city of Düsseldorf initially rejected their claims on the grounds that the work had been sold outside of the Nazi regime.
The Düsseldorf Culture Committee is expected to issue a recommendation on Thursday to return the painting to the heirs. Markus Stoetzel, who represents Grawi’s heirs, said last month that they are “glad that the advisory commission recognized his suffering from the Nazis and the context of the pressure and necessity in which he sold this work,” despite theirs Plans had not yet been finalized for the artwork.