ART THEFT

In 1986 Vermeers 'Letter Writer', along with 16 other old Masters, were stolen from the estate of Sir Alfred Beit, an Irish diamond heir. The thief asked for a ransom of millions adding that if he didn't pay he would burn the stuff. He was told to burn them ! However, with the assistance of Scotland Yards Art and Antique squad, all paintings except one were recovered and in 1993 the Vermeer turned up in Antwerp. (Previous to its recovery the IRA had offered the Vermeer as part payment to finance their weapon purchases!)

In 1990 at a value of more than 200 Million dollars, 12 paintings were stolen from the Boston Museum. 'Concert' by Vermeer was among them.

Yearly in Europe alone 60,000 pieces of art are stolen, half of which are from Italy. The value of the world wide stolen art is estimated to be somewhere between two and three Billion dollars. Although the goods stolen from supermarkets and the theft from car and computer companies is much more, since the 1980s art theft has become more and more popular among thieves who previously dealt only in drugs or other merchandise.

An image databank of 70,000 pieces of this stolen art, called ART LOSS REGISTER is located in London where the large auction houses of Christies and Sothebys together with Phillips and Bonhams have about 70 percent of the worlds art dealing market. Added to this are about 12000 London art and antique dealers in London. These various companies work together to protect themselves from the thefts which record every day about 12 new reports of loss. ART LOSS REGISTER boasts of having recovered 650 pieces of art with the value of more than 28 Million dollars, which is of course good for the owners but also for the insurance companies , who together with the auction houses founded the organization.

Police have access to their information, but the police have different priorities. For example, many of the 514 Picassos which are missing are fakes. This is of no interest to the police who want only the criminals and not the artworks.

(Paraphrased information taken from, "Inspektor, mein Rubens ist weg", DIE ZEIT magazine, Nr.45, Nov.3, 1995)



IS IT MORE IMPORTANT TO CATCH THE CRIMINAL OR RETRIEVE THE PAINTING ?

WHO DO YOU BLAME IF YOU CANT FIND YOUR GLASSES ?


KEEP SEARCHING FOR THE VERMEER !!