Kunstmuseum Bern (Museum of Fine Arts Bern), Switzerland has agreed, today, to accept artworks from the collection of Cornelius Gurlitt's 1,300 works that has been bequeathed to the museum by German collector. Christoph Schaeublin of the Bern Art Museum told a news conference in Berlin that the museum would accept parts of the artworks bequeathed by Cornelius Gurlitt, who died in May at the age of 81.

The collection has been known colloquially as the “Munich Art Trove,” and collated by Cornelius Gurlitt’s father, Hildebrand Gurlitt. Gurlitt senior was one of four art dealers entrusted with selling so-called degenerate art during the Nazi regime’s rule. The collection includes a number high-value works from the period by Henri Matisse, Max Liebermann, Otto Dix, and Marc Chagall, among others. Originally estimated at the value of nearly £700 million - the value has dropped significantly as many pieces are believed to have been looted from Jewish families by the Nazis.