alt Hacker Newsit seems crazy to me to steal a famous painting from a museum. the number of people willing to purchase a black market painting worth ~$millions is probably like a dozen, and the transaction would be super high risk. so many easier crimes to commit.
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The numbers are higher than you'd expect. The trade in illegal (and so high rarity and limited access) goods is ongoing and flourishing via the use of third party intermediaries like free port systems [1] as well as networks of morally grey curatorial and preservation staff. Several notable archaeological "missing links" of the past few years came from said staff mediating access to private collections of undescribed provenance.
[1] https://www.theartnewspaper.com/2015/07/01/experts-identify-...
For a while members of the mafia we’re stealing them to trade against their sentence if they got caught for some other crime.
I would've thought thats what crypto was meant for.
> the number of people willing to purchase a black market painting worth ~$millions is probably like a dozen
Right, but what about your local brick dealer who has 10-50K to waste on whatever? Definitely way more common and easier than you think to unload these sort of things, once you go down in price a lot because of the circumstances.
There are some “criminals” and criminal gangs and such, but I think the increase we have seen is due to Russia, Iran, and others who are giving extra resources and intelligence to some of these groups to deprive western institutions of their cultural heritage as part of the “hybrid war”.
Notice how things aren’t being stolen at this magnitude in China? Japan? If we’re Russian or Iranian for example I think this would be a great strategy if you view yourself at a civilizational war. Most of Europe is still asleep or in denial.
> the number of people willing to purchase a black market painting worth ~$millions is probably like a dozen
You only need one.
With something like this I imagine you could hold on to it for years or even a lifetime waiting for the right connection to come along. Maybe some of them are even commissioned or pre-sold.
I can’t say I know anyone with stolen art, but over my lifetime I’ve known people across a range of wealth classes who got a thrill out of acquiring and owning something that was risky contraband.