Landscape brushes Schiele "Houses on the Sea", which once belonged to a collector Jenny Steiner, will remain in the collection of the Museum Leopold, for which the successor of the former owner will receive compensation

Egon Schiele
houses on the sea. 1914
Source: bloomberg.com

Vienna Leopold Museum last week announced the final settlement of the dispute over restorative painting by Egon Schiele, "Houses on the Sea" (1914). Landscape will remain in the museum collection, for which the successor of the former owner will receive monetary compensation.

Landscape "House of the Sea" (1914) once belonged to a well-known collector and owner of his own silk factory Jenny Steiner. In 1938, immediately after the annexation of Austria, she fled to Paris and later emigrated to the United States. Urban landscape by Egon Schiele, "House of the sea" along with other works from the collection was confiscated by the Nazis Steiner. His attempt to sell at auction Dorotheum in 1940, but the buyer was not found. The following year, on the same canvas auctions purchased Josephine Ernst (Josefine Ernst). Her son, Johann Ernst in 1955 sold to Rudolf Leopold landscape for which this work was one of the key to the rich collection of works by Schiele.

After the death of Rudolf Leopold in 2010, the heirs claimed their rights to canvas. One-third of the rights to work in the last year belonged to the granddaughter of Jenny Steiner, the sole surviving heir to the line. But in May 2011 she lost her right to a third of the Leopold Museum works to compensate for a $ 5 million .

rights to two-thirds of the work until recently belonged to American institutions, inherited them from others, now deceased, the heirs of Jenny Steiner. But now the Leopold Museum has settled with the issue of ownership by buying their share of the work. The exact amount of the transaction were not called, but it is known that its funding will be sold to other works from the museum collection.

Prepared by Mary Onuchina, AI

Source: artinvestment.ru