Art theft

Art theft, sometimes called artnapping, is the stealing of paintings, sculptures, or other forms of visual art from galleries, museums or other public and private locations. Stolen art is often resold or used by criminals as collateral to secure loans. Only a small percentage of stolen art is recovered—an estimated 10%. Many nations operate police squads to investigate art theft and illegal trade in stolen art and antiquities. Some famous art theft cases include the robbery of the Mona Lisa from the Louvre in 1911 by employee Vincenzo Peruggia. Another was theft of The Scream, stolen from the Munch Museum in 2004, but recovered in 2006. The largest-value art theft occurred at the Isabella Stewart Gardner Museum in Boston, when 13 works, worth a combined $500 million were stolen in 1990. The case remains unsolved. Large-scale art thefts include the Nazi looting of Europe during World War II and the Russian looting of Ukraine during the 2022 Russian invasion of Ukraine. Many thieves are motivated by the fact that valuable art pieces are worth millions of dollars and weigh only a few kilograms at most. Also, while most high-profile museums have extremely tight security, many places with multimillion-dollar art collections have disproportionately poor security measures. That makes them susceptible to thefts that are slightly more complicated than a typical smash-and-grab, but offer a huge potential payoff. Thieves sometimes target works based on their own familiarity with the artist, rather than the artist's reputation in the art world or the theoretical value of the work. Unfortunately for the thieves, it is extremely difficult to sell the most famous and valuable works without getting caught, because any interested buyer will almost certainly know the work is stolen and advertising it risks someone contacting the authorities. It is also difficult for the buyer to display the work to visitors without it being recognized as stolen, thus defeating much of the point of owning the art.