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Lot Essay
Please note that the present work is being offered for sale pursuant to a settlement agreement between the current owner and the heirs of Jacob M. Goldschmidt. This agreement resolves the dispute over ownership of the work, and title will pass to the successful bidder.
Jacob M. Goldschmidt (1896–1976) was a German-Jewish art dealer and collector who owned his family’s Frankfurt- and Berlin-based gallery, M. Goldschmidt & Co. Following the rise of the Nazi regime in 1933, he faced escalating persecution; by 1934, he was no longer permitted to operate professionally and was forced to liquidate his gallery and sell part of his private collection. Goldschmidt emigrated to Paris in 1937 and sought to reestablish his art dealership, but in 1939 he was arrested due to his German citizenship and interned in France until 1941. During his internment, portions of his art collection were sold off. Goldschmidt ultimately escaped to the United States in August 1941.
Before his arrest, Goldschmidt placed the present work in safekeeping with Käte Perls (1889-1945), a German Jewish art dealer in Paris. In 1940, Perls was also sent to an internment camp. During the occupation of Paris, Nazi authorities seized her personal possessions; her gallery stock was liquidated and the proceeds placed in a Nazi bank account. Perls escaped to Havana in 1942 and then to New York in 1943.
Jacob M. Goldschmidt (1896–1976) was a German-Jewish art dealer and collector who owned his family’s Frankfurt- and Berlin-based gallery, M. Goldschmidt & Co. Following the rise of the Nazi regime in 1933, he faced escalating persecution; by 1934, he was no longer permitted to operate professionally and was forced to liquidate his gallery and sell part of his private collection. Goldschmidt emigrated to Paris in 1937 and sought to reestablish his art dealership, but in 1939 he was arrested due to his German citizenship and interned in France until 1941. During his internment, portions of his art collection were sold off. Goldschmidt ultimately escaped to the United States in August 1941.
Before his arrest, Goldschmidt placed the present work in safekeeping with Käte Perls (1889-1945), a German Jewish art dealer in Paris. In 1940, Perls was also sent to an internment camp. During the occupation of Paris, Nazi authorities seized her personal possessions; her gallery stock was liquidated and the proceeds placed in a Nazi bank account. Perls escaped to Havana in 1942 and then to New York in 1943.