A restituted portrait of a German electoral prince by Lucas Cranach the Elder, missing for nearly 80 years, has sold for $6.6m (£4.7m), writes Laura Chesters.
Portrait of John Frederick I, Elector of Saxony was recently returned to the heirs of Dutch banker and art collector Fritz Gutmann with the help of Christie’s. Gutmann’s vast collection was stolen by the Nazis in 1940 and he died in a concentration camp in 1944. This painting was last publicly displayed in Rotterdam in 1938.