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| Each work has a “reserve,” which is the minimum price the owner (seller) will accept, and the auctioneer generally starts the bidding below that and moves the price up in regular increments, awarding the purchase to the highest bidder... |
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| A second person has come forward with a claim on a painting found among a trove of artworks in the Munich home of a reclusive collector, including works believed looted from Jewish owners by the Nazis.The new claim on Henri Matisse's "Femme assise" will at least temporarily delay its planned return to the heirs of a deceased Paris-based art collector... |
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| According to the Agence France-Presse, local police in southeastern France seized the artwork "Child with a Soap Bubble" a source close to the detailed investigation said on Wednesday. Accredited to Rembrandt Harmensz van Rijn, the oil painting had been stolen from the Municipal Museum of Draguignan in 1999...... |
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