Buenos Aires, Argentina — An Argentine federal court announced Wednesday that authorities had recovered the long-lost “Portrait of a Lady,” an 18th-century work by the Italian painter Giuseppe Ghislandi that was looted by the Nazis in World War II.

Before the presentation of the giant gold-framed portrait Wednesday in the Argentine coastal city of Mar del Plata, the painting had not been seen publicly in 80 years.

The first-ever color photo of the portrait surfaced last month in an online real estate listing unwittingly posted by one of the daughters of Friedrich Kadgien, the fugitive Nazi officer accused of stealing the painting from one of Europe’s most prominent prewar art dealers and collectors.

“We’re doing this simply so that the community to whom we partly owe the discovery of t

See Full Page