Gallery sells one Schiele for another

Ap
Friday 06 May 2011 19:00 EDT
0Comments

An Austrian museum says it is selling a prized Egon Schiele painting to cover the cost of another of the painter's works.

The Leopold Museum says proceeds of the 1914 work Houses with colourful laundry (Suburb II) will pay the $19m (£11.5m) loan it took to recover Portrait of Wally. US authorities had refused to return the work after it was exhibited in 1998 in New York because descendants of a Jewish woman said the Nazis had seized it from her. The settlement called for the Leopold to pay for the painting.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

0Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in