Art history specialists working for Argentina’s judiciary have officially confirmed that the 18th-century painting looted by the Nazis and recovered in Mar del Plata is not by Giuseppe Ghislandi, the Italian painter to whom it was originally attributed.

Instead, they believe it is by Giacomo Ceruti, another Northern Italian artist working in the same period.

They also valued the work, “Portrait of a Lady,” at up to 250,000 euros (USD291,000). The specialists’ findings confirm earlier observations by art historians. It could help set the conditions for a possible out-of-court settlement in which the couple who were in possession of the painting admit responsibility, according to a judicial source.

The painting was owned by Jacques Goudstikker, a Jewish art dealer based in Amsterdam, and looted by Nazis.........

© Buenos Aires Herald