The Cleveland Plain Dealer’s Steven Litt reveals that the museum has been on a European buying spree. Among other works, the museum bid heavily on a Expressionist work finally taking it home for more than twice the low estimate:
The Cleveland Museum of Art announced that it was the mystery buyer at the Ketterer Kunst auction house in Munich earlier this month that paid $320,174 to buy an apocalyptic vision of war painted by the German Expressionist Heinrich Maria Davringhausen. The painting headlines a group of June acquisitions that includes works of art from France, China, Japan, pre-Columbian Latin America, plus contemporary items. All were approved this month by the museum’s board of trustees.