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https://tinyurl.com/yckhkuucA Jewish banker's family in Germany receives a Renoir they bought back from the city.
Soon, you'll be able to see Jakob Goldschmidt's Sea View from Haut Cagnes alongside information on the artist's previous owner.
The family of a Jewish banker who was tormented by the Nazis received a landscape painting by Auguste Renoir that had been returned to them by the city of Hagen in northern Germany. Since 1989, the painting has been on display in the Osthaus Museum, and it will remain there indefinitely.
The state of North Rhine-Westphalia, the German ministry of culture, and the Cultural Foundation of the States contributed to the purchase of the 1910 painting View of the Sea from Haut Cagnes. The city of Hagen announced its plans to display the picture together with background on its former owner, Jewish refugee Jakob Goldschmidt, in a news statement.
"After more than 15 years of intense talks, the heirs of Jakob Goldschmidt are glad to have come to an agreement that works for both sides," said the heirs' attorney, Sabine Rudolph. "The return of the painting is evidence that their grandfather suffered financial losses at the hands of the Nazis," the author writes.
Goldschmidt was a powerful businessman in Weimar Germany. He began his collection of Impressionist and Old Master works in the 1920s. In addition, he was a strong advocate for Berlin's Neue Nationalgalerie. He escaped to Switzerland in 1933. His final resting place was in the United States, where he had relocated after that.
He pledged some artwork in Berlin as collateral for a loan. The Nazis occupied it in 1941, taking with them a Renoir painting depicting the French Riviera. The Berlin auction house Hans W. Lange hosted the sale that year. Once again offered for sale in 1960 at Zurich's Galerie Nathan, it was purchased by Fritz Berg, the first head of the German Industry Association (BDI). When Berg's wife passed away, he donated his belongings to the Osthaus Museum in Hagen.
The German Academy of the Arts (Akademie der Künste) announced that it has repurchased a notebook by Max Liebermann including sketches of Berlin garden cafes from the artist's heirs.
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