Wednesday, 8 December 2021

Michael Steinhardt hands over antiquities worth $70m

US billionaire Michael Steinhardt has surrendered 180 stolen relics worth an estimated $70m and agreed to a lifetime ban on acquiring antiquities." Steinhardt viewed these precious artifacts as simple commodities -- things to collect and own," said authorities. Items seized include the Stag's Head Rhyton, a ceremonial vessel depicting a stag's head which dates to 400 BCE. It came to market after looting in Milas, Turkey, and is valued at $3.5m.

A larnax is a chest from Greece used to hold human remains. It dates from 1400-1200 BCE and is valued at $1m.
A gold bowl looted from Nimrud.
Three death masks, circa 6,000 to 7,000BC, were made from stone and originated in the foothills of the Judean mountains.
"For decades, Michael Steinhardt displayed a rapacious appetite for plundered artefacts without concern for the legality of his actions. He cared little about the legitimacy of the pieces he bought and sold, or the grievous cultural damage he wrought across the globe." Steinhardt denied criminal wrongdoing in resolving the matter, which ended a grand jury investigation into him.