Nazi-looted painting surfaced in a real estate listing must be returned to its rightful heirs, judge rules
An 18th‑century portrait by Giacomo Ceruti, looted by Nazis from a Dutch Jewish gallery in 1945, was discovered in a Mar del Plata real‑estate photo shoot. Argentine authorities seized the painting and the owners, Patricia Kadgien and her husband, eventually returned it to the Goudstikker heirs aft…
In a story that spans eight decades and continents, an 18th‑century Italian portrait that vanished during the Holocaust has finally been reunited with the family that once owned it. The painting, titled Portrait of a Lady and painted by Giacomo Ceruti, was stolen by Nazi officials in 1945 from a Jewish‑owned gallery in Amsterdam. It was hidden in the home of Patricia Kadgien, the daughter of a former Nazi art‑theft officer, in Mar del Plata, Argentina, until a Dutch journalist noticed it in a real‑estate listing last summer.
From Amsterdam to Mar del Plata: The Journey of a Looted Masterpiece
Jacques Goudstikker, a prominent Dutch Jewish art dealer, built one of Europe’s most significant private collections, boasting over 1,100 works. When German troops occupied the Netherlands in 1940, Goudstikker fled, but he died during the escape and his gallery was systematically plundered by the Nazis. Among the looted items was Ceruti’s portrait, which fell into the hands of Friedrich Kadgien, a financial fixer who later escaped to South America. Kadgien settled in Mar del Plata, a coastal resort town in Argentina, where he and his family maintained possession of the painting for decades.
In 2024, a real‑estate agency listed a house for sale in Mar del Plata. The online listing included interior photographs, one of which displayed a green sofa and the portrait hanging above it. A Dutch journalist, researching the Goudstikker collection, recognized the painting and contacted attorney Yael Weitz of the New York firm Freedman Normand Friedland. Weitz alerted Argentine authorities, who conducted a raid on the Kadgien residence. Although the portrait had already been removed from the listing, investigators seized phones, unregistered firearms, and 1940s‑era documents that helped build the case.
The Legal Battle and Settlement
Patricia Kadgien and her husband, Juan Carlos Cortegoso, were charged with concealment and obstruction of justice. Facing a criminal case, they negotiated a settlement: they surrendered all claims to the painting and agreed to donate approximately $3,200 to a Mar del Plata children’s hospital. The Argentine federal judge approved the return of the artwork to the heirs of Jacques Goudstikker, marking a historic moment for the country’s post‑war restitution efforts.
Attorney Juan Ignacio Pascual, representing the Goudstikker heirs, described the decision as a watershed moment, noting that it is the first time the Argentine justice system has recovered and restituted a Nazi‑looted painting. The painting, valued at $288,000, had previously been misattributed to Giuseppe Ghislandi; a court‑ordered examination by Argentina’s National Academy of Fine Arts confirmed Ceruti as the true creator.
Broader Implications and the Ongoing Search for Lost Art
While the return of Portrait of a Lady is a significant victory for the Goudstikker family, it is only one piece in a larger puzzle. More than 200 works from the Goudstikker collection were returned by the Dutch government in 2006, but hundreds of other pieces remain missing, scattered across the globe with no confirmed locations. The case underscores the enduring legacy of Nazi art looting and the importance of international cooperation in recovering stolen cultural heritage.
For the Goudstikker heirs, the restitution carries symbolic weight beyond the monetary value of the painting. Marei von Saher, the family’s daughter‑in‑law and sole heir, expressed her gratitude, stating that the court’s decision “carries weight far beyond the canvas itself.” The recovery not only restores a piece of artistic history but also offers a measure of closure for a family that endured decades of displacement and loss.
What Happens Next?
The painting is now in the possession of the Goudstikker heirs, who plan to display it in a museum setting to honor the legacy of their ancestor. The Argentine authorities have closed the criminal case against Kadgien and Cortegoso, following the settlement. Meanwhile, art historians and provenance researchers continue to track other missing works from the Goudstikker collection, hoping that additional pieces will surface in the future.
As the world continues to grapple with the aftermath of World War II, cases like this highlight the ongoing need for vigilance, transparency, and cooperation in the fight against art theft and cultural plunder.
Key Takeaways
- The portrait was looted from a Dutch Jewish gallery in 1945 and hidden in Argentina for 80 years.
- A real‑estate listing inadvertently revealed the painting’s location.
- Patricia Kadgien and her husband returned the artwork after a negotiated settlement.
- The case marks the first successful restitution of a Nazi‑looted painting by the Argentine justice system.
- More than 200 pieces from the Goudstikker collection have been returned, but many remain missing.
- The painting is valued at $288,000 and is now in the care of the Goudstikker heirs.
Why it matters
The return of a Nazi‑looted masterpiece not only restores a piece of cultural heritage but also sets a precedent for restitution efforts worldwide, offering a measure of justice to families displaced by war.
Key points
- Portrait of a Lady was looted in 1945 and hidden in Argentina for 80 years
- Real‑estate listing revealed the painting’s location
- Patricia Kadgien and her husband returned the painting after a settlement
- First successful restitution by Argentine justice system
- More than 200 Goudstikker works returned, many still missing
- Painting valued at $288,000 and now with heirs
Frequently asked questions
Who was Giacomo Ceruti?
Ceruti was an 18th‑century Italian Baroque painter known for his portraits and genre scenes.
How was the painting discovered?
A Dutch journalist noticed the painting in a Mar del Plata real‑estate listing and alerted authorities.
What was the settlement?
The owners surrendered the painting and donated $3,200 to a local children’s hospital.
What is the painting’s value?
It is valued at $288,000.



