Nude art

France to return Nazi-looted Klimt to rightful Jewish heirs

The French government has announced that it will return a Nazi-looted Gustav Klimt landscape painting to its rightful owners more than 80 years after it was stolen from a Jewish family in Austria in 1938.

The colorful 1905 oil work by the Austrian symbolist painter titled "Rosebushes under the Trees" has been hanging in Paris' Musee d'Orsay museum for decades.

Vandal Damages £ 20 m Picasso Painting (PHOTO)

Property damage charges have been leveled against a Londoner who damaged a Picasso painting at the Tate Gallery of Contemporary Art (Tate Modern) in London, the BBC reported.

The gallery gave no details about its condition. A spokesperson said: "The work of art is with our conservation team for expert assessment. Tate Modern remains open." The vandal says he pleads not guilty.

Rare Old Masters sold at auctions 

The sale at auction of old masterpieces is extremely rare, with most such works already held by museums or public collections.Of 311 pieces ever to have surpassed the $30 million mark at auction, only 13 were by Old Masters, the leading painters in Europe before 1800. These include paintings by Leonardo da Vinci, Raphael, Rembrandt and Vermeer.     

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