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A German museum has restituted a Kandinsky painting to its Jewish heirs. The work is titled “The Colorful Life.” A German museum has restituted a Kandinsky painting to its Jewish heirs. The work is titled “The Colorful Life.”
Christie’s will handle the sale of the painting. The auction is scheduled for October. Bids are expected to exceed $30 million. The restitution addresses historic wartime looting. The upcoming auction will test the market for
reclaimed art. Results will be closely watched by collectors and historians.