Saturday, 20 October 2012

$4M Roy Lichtenstein painting of electrical cord, missing since 1970, returned to NY owner

A multimillion-dollar Roy Lichtenstein painting of an electrical cord that was sent out for a cleaning 42 years ago and disappeared was returned to its owner on Tuesday.

U.S. Attorney Preet Bharara, calling the recovery of missing or stolen art an “important mission” for the federal government, stood near the 1961 black-and-white painting, “Electric Cord,” as he described how American art dealer Leo Castelli bought it in the 1960s for $750.

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