Tuesday, March 26, 2019
Stolen Picasso Recovered
Buste de Femme
A portrait stolen from a yacht moored at Antibes in 1999 has been recovered by Dutch art theft specialist Arthur Brand, according to this article and this one. The picture is said to be of Picasso muse Dora Maar, was painted in 1938 and is estimated to have a value of $25 million.
Stolen art, especially valuable, well-known works, have a function in the criminal world but their very value makes them a problem for whomever has them in their possession. Brand has become the go-to guy to arrange transfers between the anonymous keeper and insurance companies with an interest in the work, as previously detailed here.
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