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...young ex-serviceman at the door of Edward Eliçofon's Brooklyn home had a knapsack full of paintings for sale. They had been bought at a flea market in Germany, the young man said. Eliçofon, a lawyer and passionate collector, was intrigued. He did not know, on that afternoon in 1946, that what the man offered was a collector's dream-and ultimately, a $10 million disappointment...

Author: /time Magazine | Title: Art: Furor over Two Long-Lost D | 6/29/1981 | See Source »

...ofon paid the ex-serviceman-whose name he says he has long since forgotten-$450 for two 11 -in. by 9½-in oil-on-wood portraits, one of a man, the other of a woman. He had no idea who painted them but thought "they were very beautiful." For 20 years they nestled in his jumbled collection of pictures, books, antiques and objets d'art. Then in 1966 an art historian friend recognized the paintings in a book on artwork that had been lost or destroyed in Germany during World War II. Soon the finding was authenticated...

Author: /time Magazine | Title: Art: Furor over Two Long-Lost D | 6/29/1981 | See Source »

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