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Old master painting looted by Nazis spotted in Argentinian property listing

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Painting stlen by Nazis found in ArgentinaMore than 80 years after it was looted by the Nazis from a Jewish art dealer in Amsterdam, a portrait by an Italian master has been spotted on the website of an estate agent advertising a house for sale in Argentina.

A photo shows the painting, Portrait of a Lady (Contessa Colleoni) by the late-baroque portraitist Giuseppe Ghislandi, also known as Fra’ Galgario, hanging above a sofa in the living room of the property, in a seaside town near Buenos Aires.

The Dutch newspaper AD said it had traced the work, which features in a database of lost art and is listed by the Dutch culture ministry as “unreturned” after the second world war, after a long investigation – and with the unwitting help of the estate agent.

Portrait of a Lady belonged to Jacques Goudstikker, a leading Dutch art dealer who fled the Netherlands in mid-May 1940 to escape the invading Nazis but died after falling in the hold of the vessel carrying him to safety and breaking his neck.

Within weeks, Goudstikker’s entire collection of more than 1,100 artworks, including numerous paintings catalogued as old masters, had been bought up, in a forced sale and for a small fraction of its true value, by Reichsmarschall Hermann Göring.

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