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Art Institute of Chicago accused of holding onto Nazi-looted Egon Schiele

Summary by Ground News
The Art Institute of Chicago (AIC) has come under fire from the Manhattan District Attorney's office. Investigators attempting to seize a drawing by Egon Schiele from the museum's holdings filed a 160-page motion on 23 February. The drawing in question, Russian War Prisoner, was purchased by the museum in 1966. Investigators determined that the work was worth upwards of $1.2m; the museum acquired it for $5,500 (roughly $53,000 in today's dollars)
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theartnewspaper.comtheartnewspaper.com

Art Institute of Chicago accused of holding onto Nazi-looted Egon Schiele

The museum insists that heirs to the original collector waited too long to file their claim for the valuable work on paper

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theartnewspaper.com broke the news in on Friday, March 1, 2024.
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