Authorities Investigate Sotheby’s Sale of Stolen Renoir

August 7th, 2013

A 1903 portrait painted by Pierre-Auguste Renoir, stolen from a Tokyo home last decade, was reportedly sold at Sotheby’s this past February, Japan Times reports.  The portrait, titled Madame Valtat, had disappeared from its original owner’s home along with works by Marc Chagall and Ikuo Hirayama in 2000.  Sotheby’s has stated that the work had been legally acquired by the seller, and that it will continue to investigate the sale, but the case may prove difficult to fully resolve, as the auction house keeps the names of its sellers confidential.Read more at Japan Times