A hearing on efforts toward restitution of art stolen from Jews during the Holocaust was held by the U.S. House of Representatives’ Committee on Financial Services, Domestic and International Monetary Policy Subcommittee on July 27, 2006.
The Art Dealers Association of America (ADAA) was represented by Gilbert S. Edelson, Administrative Vice President and Counsel.
But what is so strange is the teeming numbers of dealers in the trade who appear in Art in America’s database (see my earlier US ART DEALERS post ) while Edelson states his membership hovers around 165.
Even subtracting those dealers that trade in antique furniture, decorative arts, rare books, porcelain, rugs, Asian and Tribal Art, there are still many more than 165 names left on the list I posted.
Seems to me that this is a largely unregulated business and, other than 165, U.S. dealers do not have to conform to the ADAA Guidelines Regarding Art Looted During the Nazi Era.( P. 7 of Edelson's Testimony).
There are only very few years left for existing claimants victimized during the Holocaust to rediscover their lost artworks. During the war and especially in those years following, knowingly or not, private art dealers in North America were often directly responsible for the dispersal of looted possessions.
They know to be prepared for years and years of difficult claims that will continue to unravel their art market as HEIRS, rightfully pursue what was once their families’ legacy.
