Van Gogh Heist Focuses Collectors’ Attention on Security Systems

Stolen Van Gogh Painting Prompts Art Collection Security Review

Stolen Van Gogh Painting Prompts Art Collection Security Review

Bloomberg reports that Covid -19 has created opportunities for high value thefts including fine art.

The break-in lasted just minutes.

At 3 a.m. on Monday, a thief -- or thieves -- forced open the glass doors of the Singer Laren museum in the Netherlands and headed straight for its prize exhibit: a Van Gogh oil painting. By the time police arrived, the burglars were gone, along with the artwork.

In New York, where museums and galleries have shuttered and art-lined apartments and townhouses stand empty, some are taking added precautions. Jordan Arnold, head of art risk advisory services at K2 Intelligence FIN, said he’s had numerous conversations recently with clients about security concerns. Lawyer Thomas Danziger said one client, a jeweler, has removed everything from the store in case of theft. Others have put their artwork into storage.

Read the full story here: https://www.bloomberg.com/news/articles/2020-04-03/van-gogh-heist-focuses-collectors-attention-on-security-systems