German authorities find haul of masterworks seized by Nazis valued at 1 billion euros

04.11.2013                      01.Kislew.5774                      Rosch Chodesch 2

Nazi Raubgut:

German authorities find haul of masterworks seized by Nazis valued at 1 billion euros

Find includes works by Picasso, Matisse thought to be lost.

Some 1,500 works of art by painters including Picasso and Matisse, estimated at one billion euros, have been discovered in an apartment in Germany after they were confiscated by Nazis during the 1930s and 1940s, German magazine Focus reported on Sunday….