Media playback is unsupported on your device

Seized Nazi-looted art valued at 1bn euros

5 November 2013 Last updated at 12:44 GMT

Around 1,400 pieces of art have been found in a collection of Nazi-looted art in Munich. Many are thought to be previously unknown works by some of the world's greatest artists.

The masterpieces are thought to have been looted from Jewish families by the Nazis.

Previously unregistered works by Marc Chagall, Otto Dix, Max Liebermann and Henri Matisse were found.

Prosecutors said the issue of ownership was still being clarified. The total value has been estimated at about 1bn euros (£846m).

Slides of the paintings were shown at a news conference in Augsburg, from where Steve Evans reports.

Copyright © 2015 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.