Florida resident Peter Sachs is "seeking 4,300 posters with an estimated worth between $10 million and $50 million, which are in the possession of Berlin's German Historical Museum."
Sachs, whose family fled Germany when he was just a year old, is hoping to reclaim part of his family's extensive art collection of 12,500 posters. The mission was started by his father, Hans, after WWII.
The museum maintains that since Sachs' father, Hans Sachs, received compensation of 225,000 German Marks (approximately $50,000) from the West German government in 1961, the posters should remain in its collection.
Sachs' main argument is that the compensation was paid when it was assumed the collection was destroyed in the war, and that once his father found out that part of it had survived, he started trying to get access to it in the East German museum where it had ended up.
Peter Sachs will testify before a German panel today.
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