Thursday, April 3, 2014

$50M Paintings, Stolen in 1970, Recovered This Week

An Italian auto worker for Fiat bought a couple of paintings for $100 back in 1975, at an auction of items from a train station's lost and found.  He had no idea they were stolen masterpieces, apparently, and they hung in his house anonymously for almost 40 years thereafter.  Now retired, his son recently sent them to be appraised, and that led ultimately to the revelation that the two paintings were actually a Gaugin still life and a Bonnard, worth a collective $50M today, that were stolen from a British aristocrat back in 1970.

You can read more, including interesting details about the original 1970 theft, HERE.

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