The National Gallery of Art in Washington, DC, will return a drawing by Pablo Picasso to the heirs of a German-Jewish banker who sold the work at a loss because he feared the Nazis would confiscate his estate.
Paul von Mendelssohn-Bartholdy, a descendant of composer Felix Mendelssohn, sold the pastel work, titled “Head of a Woman,” in 1934, along with at least 15 other significant artworks. He died in 1935.
“Head of a Woman” was sold to art dealer Justin Thannhauser in 1934. The National Gallery of Art acquired the work through a donation in 2001, according to The New York Times.
The museum says it decided to settle with Mendelssohn-Bartholdy’s heirs “to avoid the heavy toll of litigation,” not because it agreed that the heirs’ claims were valid, according to the report.
— JTA
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