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Christies auctioned it for $14.5 million, but the buyer walked away. margin-top: 5px; Unauthorized distribution, transmission or republication strictly prohibited. "Turkiye's failure to bring its claim (or even investigate it) until 2017 was unreasonable. We apologize, but this video has failed to load. Auction of Ancient Anatolian Guennol Stargazer statue, Christies Auction House in New York. }) Ya.adfoxCode.create({ According to Christies, the idol dates from 3000 to 2200 BC and is one of the finest and largest preserved Anatolian marble female idols of Kiliya type. NEW YORK -. If you are a Home delivery print subscriber, unlimited online access is, Turkey cannot recover ancient 'Stargazer' idol from Christie's - U.S. court, Trudeau slams Facebook for removal of news during wildfire season, Doctor sues Queen's University for allegedly pushing him out of job over his COVID opinions, Adam Zivo: The Trudeau Liberals are risking political suicide by denying Canada's crime crisis, What to know about the overnight sensation Rich Men North of Richmond, Soccer leader faces backlash for kissing a Womens World Cup star on the mouth, Style Q&A: Mighty Patch co-founder talks taking care of pimple problems, My must-haves: A few of Jonathan Van Ness favourite things, 6 Apple products to add to your back-to-school shopping list, Lasso takes huge step in turning Montreal into a country-music city, Canadian concert tours: Hottest tickets in 2023, tap here to see other videos from our team. In claiming ownership, Turkey cited the 1906 Ottoman Decree, which asserts broad rights to antiquities. REUTERS/Brendan McDermid (UNITED STATES). ), (Reporting by Jonathan Stempel in New York, Editing by Alexandra Hudson). By . The breast should be 170 degrees, the thigh 180 degrees, and . Fires continue to burn close to communities in the Northwest Territories while evacuations are ongoing. "The Met is a major public institution [and] did not hide that the idol was part of the Guennol Collection," Nathan wrote. The idol fetched $14.5 million at Christies auction, but the unidentified telephone buyer walked away. Enjoy the latest local, national and international news. By Jonathan Stempel. "Turkey's failure to bring its claim (or even investigate it) until 2017 was unreasonable.". A collection of moments during and after Barack Obama's presidency. All quotes delayed a minimum of 15 minutes. Christies still possesses the idol. The 2nd U.S. NEW YORK Turkey cannot recover a 6,000-year-old marble idol from Christie's and hedge fund billionaire Michael Steinhardt after waiting an unreasonably long time to claim it had been looted, a US appeals court ruled on Wednesday. US judge says Turkey can't recover ancient 'Stargazer' idol from Christie's Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. Christie's auctioned it for $14.5 million, but the buyer walked away. Circuit Court of Appeals No. Turkey cannot recover ancient 'Stargazer' idol from Christie's March 08, 2023 at 04:18 pm NEW YORK (Reuters) -Turkey cannot recover a 6,000-year-old marble idol from Christie's and hedge fund billionaire Michael Steinhardt after waiting an unreasonably long time to claim it had been looted, a U.S. appeals court ruled on Wednesday. if (container) { We have enabled email notificationsyou will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Here are the latest developments in firefighters' ongoing battle to protect people and property. Sign up to receive the latest updates from U.S News & World Report and our trusted partners and sponsors. The World's Premier Art Magazine since 1913. containerId: 'div-gpt-ad-1447236129660-0', We ask you to keep your comments relevant and respectful. The decision is a setback to Turkeys legal efforts in the United States to reclaim antiquities it believes were looted. U.S. Judge Rules Turkey Cannot Reclaim 'Stargazer' Idol from Christie's She said Turkey also did not prove that the nine-inch (22.9 cm) figurine, named for the slight upward tilt of its head as if toward the heavens, was excavated from Turkey after 1906, making the country its rightful owner under that year's Ottoman Decree. Turkey cannot recover ancient 'Stargazer' idol from Christie's -U.S Lawrence Kaye, a lawyer for Turkey, said the country is considering its next steps, after establishing at trial that it owned the idol and was diligent in asserting its rights. We want to hear from you! 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Williams, Group calls for Facebook, Instagram boycott on Aug. 23 and 24, Global food security is at crossroads as rice shortages and surging prices hit the most vulnerable, German central bank sees the economy stagnating again in the 3rd quarter, Millions of old analogue photos are sitting in storage. }); Olga Carmona, whose goal won the Women's World Cup for Spain on Sunday, learned after the final of her father's death, the Spanish soccer federation said. "This decision will not deter the Republic of Turkey from continuing to aggressively seek the return of cultural objects that have been stolen from it," he said. But the country said it would be impossible to investigate everything in its "vast trove of unknown ancient artifacts," and it was "neither aware, nor should it have been aware" of its claim to the Stargazer until Christie's described the idol's limited provenance in its auction catalog. Turkey Cannot Recover Ancient 'Stargazer' Idol From Christie's -U.S. Court, Michael Steinhardt, legendary hedge fund manager, speaks at the Reuters Investment Summit in New York December 8, 2008. NEW YORK, Sept 7 (Reuters) - A U.S. judge ruled on Tuesday that Turkey cannot recover a 6,000-year-old marble idol known as the "Guennol Stargazer" from Christie's and the hedge fund billionaire Michael Steinhardt. Steinhardt bought the idol for $14.5 million at Christies in 2017. The case is Republic of Turkey v Christies Inc et al, 2nd U.S. NEW YORK (Reuters) -Turkey cannot recover a 6,000-year-old marble idol from Christie's and hedge fund billionaire Michael Steinhardt after waiting an unreasonably long time to claim it. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz- und Cookie-Einstellungen oder Datenschutz-Dashboard klicken. Exclusive news, data and analytics for financial market professionals, Michael Steinhardt, legendary hedge fund manager, speaks at the Reuters Investment Summit in New York December 8, 2008. Changing the cold water every thirty minutes until the . Circuit Court of Appeals in Manhattan reaffirmed a previous finding that Turkey had slept on its rights to recover the work, which had before the Christies sale been circulating since the 1990s on the open market. Germany's central bank anticipates that the country's economy, Europe's biggest, will be more or less stagnant again in the current quarter -- adding to a string of weak performances. "Turkiye sat on its hands despite signals from its own Ministry of Culture that the Stargazer was in New York City," Circuit Judge Rosemary Pooler wrote for a three-judge panel. All quotes delayed a minimum of 15 minutes. West Kelowna's fire chief says at least 50 structures have been lost or damaged due to the McDougall Creek fire burning on both sides of Lake Okanagan. Its very difficult for countries of origin to recover these looted items, said Weitz. Ron Cephas Jones, a veteran stage actor who won two Emmy Awards for his role as as a long-lost father who finds redemption on the NBC television drama series "This Is Us," has died at age 66, a representative said Saturday. Parents across the country are getting ready to tap into registered education savings plans to help pay for their children's post-secondary schooling this fall. Last year Steinhardt was the subject of an investigation and subsequent seizure by New York authorities over his antiquities collection. REUTERS/Brendan McDermid (UNITED STATES), Lucy Letby: killer nurse jailed for rest of her life by UK court, Republican feud over 'root canal' spending cuts raises US government shutdown risk, Ukraine lines up destroyed Russian tanks in central Kyiv. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. NEW YORK (Reuters) -Turkey cannot recover a 6,000-year-old marble idol from Christie's and hedge fund billionaire Michael Steinhardt after waiting an unreasonably long time to claim it had been looted, a U.S. appeals court ruled on Wednesday. Exclusive articles by Conrad Black, Barbara Kay, Rex Murphy and others. 17-03086. The case is Republic of Turkey v Christie's Inc et al, 2nd U.S. Global food security is already under threat since Russia halted an agreement allowing Ukraine to export wheat and the El Nino weather phenomenon hampers rice production. Steinhardt and his wife paid $1.5 million for the Stargazer in 1993. The 2nd U.S. The Guennol Stargazer is shown in images from Christie's. By Jonathan Stempel. But not this year, in cursed 2020. The case is Republic of Turkey v Christies Inc et al, U.S. District Court, Southern District of New York, No. Nathan also rejected Turkey's suggestion that Steinhardt, a prominent art collector, ignored "red flags" about the idol's provenance. Turkeys U.S.-based lawyers did not immediately respond to requests for comment. Some face uncertain futures, with the prospect of their homes and communities being destroyed, or their livelihoods lost. Nathan ruled after an eight-day non-jury civil trial in April. Lawrence Kaye, a lawyer for Turkey, said the country is considering its next steps, after establishing at trial that it owned the idol and was "diligent" in asserting its rights. But the country said it would be impossible to investigate everything in its vast trove of unknown ancient artifacts, and it was neither aware, nor should it have been aware of its claim to the Stargazer until Christies described the idols limited provenance in its auction catalog. '' Pooler, however, said the Stargazer had long been on public display, including more than three decades at New York's Metropolitan Museum of Art, and that throughout the 1990s the culture ministry published essays and presentations about it. A New York court has upheld a ruling that Turkey cannot recover an ancient marble idol from Christie's that was sold to New York hedge-funder and disgraced antiquities collector Michael Steinhardt. NEW YORK (Reuters) - A U.S. judge ruled on Tuesday that Turkey cannot recover a 6,000-year-old marble idol known as the "Guennol Stargazer" from Christie's and the . 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