New York City has returned $14 million in stolen antiquities to Italy, including dozens recovered from a hedge-fund billionaire:
“Though the pieces being repatriated today have a written price tag of millions of dollars, the historical, artistic, and cultural values attached to each of the relics are immeasurable and priceless,” Bragg said in a statement. “These artifacts deserve a place in their homeland, where the people of Italy can jointly appreciate the marvels of their country’s past.”
Perhaps the most notable artifact headed back to Italy is the Ercolano Fresco, which depicts a young Hercules strangling a snake. The artwork was stolen from the archeological site of, an ancient town buried by volcanic ash spewed during the eruption of Mount Vesuvius in 79 A.D. and is worth an estimated $1 million today.
The fresco was one of the more than 180 antiquities seized from Steinhardt, who purchased it in 1995 for $650,000, despite the piece having no verifiable provenance.century B.C.E that were taken from the ancient city of Paestum; as well as a pithos, or storage jar, that dates back to 700 B.C.E. “The repatriation of these 142 masterpieces, previously stolen or looted in Italy, is very important for our country,” Di Michele said. He said during the ceremony that some of the objects will go on view at the Museum of Rescued Art, which
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