Tag: art theft

Building Peace of Mind Through Positive Identification

How RFID tracking works to support efficiency and authenticity While art invokes the spectrum of our feelings, art buyers are also purchasing peace of mind because collectors generally trust artists and dealers. Confidence in these transactions is the principal support for valuation, so it’s puzzling that only a small fraction of art sold carries robust authentication. Art crime remains the…

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The Bizarre World of Art Theft

Public authorities and private organizations work together to recover stolen art and prevent future thefts By Melissa Hart The Federal Bureau of Investigation estimates that thieves steal $4 billion to $6 billion worth of art worldwide each year from galleries, museums, and private homes. Some art thieves covet a particular piece and take it for their own enjoyment. Others pilfer…

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