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Friday, December 15, 2017

An Austrian City Must Pay $10 Million for Lost Klimt and Schiele Works

The Lentos Kunstmuseum. The Lentos Kunstmuseum. Wikimedia Commons

The Austrian city of Linz has been ordered to pay $10 million to the heirs of art collector Olga Jäger who loaned four artworks by Gustav Klimt and Egon Schiele to the Lentos Kunstmuseum  in 1951. In 2006, Jäger’s heirs asked for the artworks back, but were told that they had been lost. Jäger’s family has been battling with the museum for a decade. The Lentos Kunstmuseum is widely regarded as one of Austria’s finest modern art museums.

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