Van Gogh artwork looted by Nazis to be auctioned in New York
A watercolor by Vincent van Gogh that was seized by the Nazis during World War II will be sold next month at auction in New York, where it is expected to fetch a price of USD20 million or more, the auction house Christie's announced.
Christie's is auctioning the 1888 work, “Wheatstacks,” after facilitating negotiations between the Texas oilman's heirs who own it now and the heirs of two Jewish art collectors who owned it at different times before it was looted by the Nazis. Details of the settlement are confidential, a Christie's spokesperson said.
The work depicts three haystacks towering over harvest workers on a bright summer day.
“Everything is breathtaking: the iconic subject, the perfect condition of the gouache, the intensity of the ink in the trademark cross-hatchings and twirls defining the landscape, the ambitious scale of the composition,” she said in a news release Thursday.
Prior to the auction, the watercolor will be on view at Christie's in London from Oct, 17 to Oct. 21, marking the first time that it has been publicly exhibited since a 1905 van Gogh retrospective at the Stedelijk Museum in Amsterdam.
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