Stolen Ayvazovsky canvas found in Swiss auction

A stolen canvas by the famous Armenian-Russian marine painter Hovhannes (Ivan) Ayvazovsky was found in the Swiss auction house KOLLER more than 40 years after being declared missing.

The painting, "View on Revel" (1845), was kept in the Reserve Museum "Dmitrovsky Kremlin"; it was stolen in 1976, RIA Novosti reports, citing the Russian Interior Ministry.

Worth an estimated of $1 trillion,  the canvas was taken off auction.