FSWC Reports:
From Reuters:
A Swiss art
gallery discovered on Wednesday that it had been named as the sole heir
of Cornelius Gurlitt, the reclusive German owner of a hoard of
masterpieces discovered accidentally in a tax probe, who died this week
aged 81.
The Bern Art Museum said the
news "came like a bolt from the blue" as it had no connection with
Gurlitt. The collection - put together by his father Hildebrand, a
dealer in so-called "degenerate" art for Adolf Hitler - is worth an
estimated 1 billion euros ($1.4 billion).
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