MUNICH, GERMANY (ARD/CNN) - German media are reporting a collection of artwork confiscated by the Nazis has been found in Munich.
According to German news magazine Focus, the 1,500 pieces of art include works by Matisse, Picasso and Chagall.
Some of art was declared as degenerate by the Nazis, while others were stolen from Jewish art collectors.
The magazine reports investigators put the value of the collection at a little less than $1.4 billion.
If confirmed, it would be one of the largest recoveries of looted art.
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