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 and rediscovered when it appeared in an online real estate listing last month.

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 in a 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.

Daniel Adler, center, federal attorney general

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