Art Investment

German police found stolen by Georg Baselitz works

15 works worth about $3 million, stolen from the personal collection of the German artist Georg Baselitz, was returned to the owner. On suspicion of theft arrested three

About two dozen works included in the personal collection of Baselitz was stolen from a storage facility near Munich, roughly in the period from June 2015 to March 2016. What works in question is not disclosed at the request of the artist. The theft suspect, a 39-летний man "from the". He handed over the stolen art two associates, father and son. They tried to sell them at a price much below the market. But it was the first trade. When it became clear that for sale was stolen, the insurance company raised the alarm. Surfaced and the rest of the work. It is possible that the missing pieces from the store didn't even know. At the moment German police returned 15 out of 19 of the stolen works. Four have not yet found items estimated at $155 thousand

Sources: nytimes.com, artinvestment.ru


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