Declassified per Executive Order l2958, Section 3.5 NND Project Number: NND 750168 By: NND Date: ¡975 _ 39 - LATIN AMERICA To date little information has been received in regard to the sale of looted works of art in Latin America. Single instances of suspieious art deals have been received, but there is no conclusive evidence of the presence of Nazi-owned looted works of art on the Latih American market. One unconfirmed report stated that valuable art loot may have become the private property of an important industrialist in Latin America, an individual who lent his name to cover properties which were transferred to him by high Nazi officials. The reference is presumably to the notorious Fritz Mandl, Argentine munitions king, and friend of the Nazis. A study was also made of intercepts receiVed from the Office of Censorship over a period of months and dealing with the activities of the de Koenigsbergs, New York art dealers, and their associates, to ascertain whether their correspondence revealed illicit art transactions involving enemy interests. The de Koenigsbergs have business connections in Buenos Aires, Mexico City, Chile, and Uruguay. The associates involved were Amadeo Mendaro, Alberto Duhau, Enrique and Nettie de Paatz, Mrs. Edgardo Nicholson, Miss Isabelle Hill, Dr. Mario Williams, and Maria Chaliapine. . The above subjects were said to have been involved in suspicious transactions of art pieces. Particularly suspect were the de Koenigsbergs and the Mandaros, who were alleged to have Nazi sympathies and_connections. This suspicion was partly based on the fact that their business was conducted on a secret basis, under cover of personal affairs. We found no proof that looted art was involved, but a study made of another art dealer, NiCholas Karger, doing business in Venezuela, seemed to indicate that the South American art market is being flooded with pieces of doubtful authenticity, which makes the task of tracing authentic and valuable looted art objects even harder. A number of intcrcepts were also reviewed, covering correspondence between Kurt Stavenhagen, now in Mexico, and other art dealers, in particular Richard H. Zinser, Forest Hills, Long Island, New York. For several months they have been discussinr in more or less guarded terms a presumably valuable painting, which they claim is Pisanello‘s "Une Princesse d'Este," also described as "The Flower Girl" and the "Pink Lady." The original painting which was in the Louvre was estimated at 3250,000. M. Rene Huyghe, Chief Curator of Paintings at the Louvre Museum, has written that all paintings placed in repositoriea during the war have been restored to the museum and that none are missing. Therefore, art experts in this country believe that the picture held by Zinser must be a good copy not generally known to dealers.