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To: SJackson
If whe buys her jewelry out of the trunk of a car at the local Home Depot,

No, the point is saying that she should have "known".

She didn't buy it out of the back of a trunk but at one of the most reputable auction houses in the world.

Why they signed off on it is undoubtedly a tale that should be investigated. The fact that she did not try to hide her ownership is a point in favor of her NOT knowing.

20 posted on 10/31/2007 6:03:17 PM PDT by Harmless Teddy Bear (A good marriage is like a casserole, only those responsible for it really know what goes into it.)
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To: Harmless Teddy Bear
I'm not necessarily saying she should have known in 1963, that was Sotheby's responsibility, and I'd speculate they knew all they had to know, which they may or may not have communicated to Liz.

But she knows now. Rightfully it's not hers, legally it is now. I'm ok with that, but I find her actions interesting.

Just a note, till the 1998 treaty which essentially determined that all post 1933 German transactions were under duress, the nature of these pieces wasn't a secret. And it was assumed that the transactions were perfectly legal, that 1933 to 1945 didn't exist. The fact that it might be a NAZI piece wouldn't be a reason to conceal it. Interestingly some of the largest $$ cases in the last few years were initially pursued in the late 1940s, unsuccessfully. The rules did change post 98

21 posted on 10/31/2007 6:08:03 PM PDT by SJackson (every one shall sit in safety under his own vine and figtree, none to make him afraid,)
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