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May 24, 2015

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Sotheby’s to make first sale of Nazi-era art

A painting by Max Liebermann from a Nazi-era art trove found in Germany last year will go on sale in London next month, the first from the collection to be sold off, Sotheby’s said on Friday.

One of the heirs — to whom the painting was returned — last remembered seeing it the day his great-uncle signed over his estate to the Nazis at a villa in what is now Poland.

“I was instructed to wait outside the room in which the paperwork was being signed,” David Toren was quoted by the auction house as saying.

“It was in there, in the conservatory, that I sat opposite the beautiful painting of the two horse riders on the beach,” he said.

Toren is the great nephew of David Friedmann, a construction tycoon who was arrested in 1938 in the wake of a series of attacks against Jews in Germany and Austria.

The work, “Two Riders on a Beach,” was painted in 1901 and subsequently bought by Friedmann.

Sotheby’s said the sale of the painting will take place on June 24 and estimated the minimum sale price at 350,000 pounds (US$540,000).




 

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