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NOVA-Antiques is the Mid Atlantic website for all things antique and collectible. Our website features antique & collectibles dealers, shops & malls; Flea Market Directory & Reviews; Monthly Antiques Show Calendar; Estate & Tag Sales Page; and our NOVA-Antiques Newsletter, which contains news, articles and information about the antiques & collectibles market. NOVA-Antiques Blog is an extension of our Newsletters.

Tuesday, September 9, 2008

Reward Offered for Stolen Art Cache

I have written about how only dumb thieves steal art in the past but it their just doesn’t seem to be a shortage of dumb crooks in this world. The fact that artwork is recognizable, identifiable or harder to sell than other things does not stop those with a low IQ and the irrational thought that they could make quick money. Now police in Los Angeles are offering a reward and looking for the person or people that were dumb enough to steal a cache of specialized artwork that included paintings by Gorky, Soutine, Chagall and Diego Rivera. Experts have said that some of the paintings are worth more than $4 million.

The owners of the stolen art cache were in another part of the house when this theft occurred and police speculate that the thieves must have worked very quickly to remove the paintings by a side door. They also believe that the thieves may have been familiar with the couple’s routine. The sophistication and the smartness of the art thieves themselves will be evident when, not if, the artwork is recovered. The artwork will be recovered either at a flea market or when someone tries to sell it in Europe ten years from now. The authorities have contacted all of the major auction houses, show promoters, art dealers and others to be on the lookout for the paintings. A $200,000 reward has been offered.

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