Arts, Briefly: Missing Basquiat Painting Found
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An $8 million Jean-Michel Basquiat painting whose last known owner was a bankrupt Brazilian banker has been found in a Manhattan warehouse, The Associated Press reported. Federal prosecutors filed papers seeking to seize the 1982 work, âHannibal,â which was valued at $100 on a customs declaration form when it arrived by courier from London at Kennedy Airport after apparently being smuggled out of Brazil. Prosecutors are seeking to help Brazilian authorities claim the painting, whose last known owner was Edemar Cid Ferreira, former owner of Banco Santos and one of Brazilâs foremost art collectors. The bank went bankrupt in 2005, leaving debts of more than $1 billion. Mr. Ferreira was convicted of money laundering and bank fraud, and sentenced to 21 years in prison; a Brazilian court ordered seizure of $20 million to $30 million worth of his art, saying it was bought with proceeds of illegal schemes, but âHannibalâ was missing.
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In many instances, stolen art masterpieces are recovered almost out of the blue, long after investigators have stopped actively pursuing leads.
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Paintings by famous Impressionists worth more than $91m are stolen from a Zurich museum.
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An unknown painting by old master El Greco, discovered by chance in a brown envelope in a flat in Spain, will be offered for sale in December with a starting price of 600,000 pounds (&#36;1.1 million).
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FLORENCE, Italy  - After 32 years on the trail of Leonardo da Vinci's lost masterpiece "The Battle of Anghiari", Maurizio Seracini thinks he is on the verge of solving one of the art world's greatest mysteries.
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Two Picasso paintings worth some 50 million euros ($66.10 million) were stolen this week from the Paris home of a grand-daughter of the Spanish painter, police said on Wednesday.
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French officials have found two Picasso paintings which were stolen from the Paris home of the Spanish painter's granddaughter in February, French daily Le Figaro said on Tuesday, adding the thieves had been arrested.
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Four paintings by Cezanne, Degas, Van Gogh and Monet stolen from a Zurich museum are valued at more than 180 million Swiss francs (112 million euros, 164 million dollars), police said Monday.
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A long-lost painting by Swedish master Carl Larsson, tucked away in a private collection in France for more than a century, sold for $730,000 at a Stockholm auction Tuesday.
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An Italian Renaissance painting stolen a year ago in Cyprus, possibly a Titian, has been recovered in Bulgaria in a police raid, media reported.
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LOS ANGELES: US authorities have seized a long-lost Picasso worth about $US10million ($13.4million) that was looted by Nazis during World War II.
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Two masterpieces by Edvard Munch, which were stolen two years ago, are about to go on public exhibition.
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Swiss police said on Tuesday they had found two stolen paintings -- one Monet and a van Gogh -- of the four that were stolen last week from a gallery in Zurich.
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Precious paintings worth over 100 million Swiss francs (46.6 million pounds) were stolen from a Zurich museum in an armed robbery on Sunday, police said on Monday, the second dramatic art theft in the area in recent days.
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A 17th century Dutch painting valued at more than $1 million was stolen from an Australian state gallery during viewing hours over the weekend, and police suspect an inside job, officials said Thursday.
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For the second time in 10 years a version of one of the most famous paintings in the world -- &quot;The Scream&quot; by Edvard Munch -- has been stolen from an art gallery in Oslo.
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A seminal set of vitrines by Joseph Beuys, long desired by the museum, previously belonged to a collector and friend of the artist.