A spate of high-profile art thefts—among them the San Francisco Picasso heist that led to the discovery of a veritable museum in the thief’s Hoboken apartment, the walk-in lifting of a $350,000 Fernand Léger from New York’s Helly Nahmad Gallery, and the arrest of war crimes suspect Goran Hadzic following his attempted sale of a stolen painting—has brought up a nagging question: once an artwork is stolen, what, exactly, does a knowledgeable thief do with it?
The consensus in the media is that there’s no market for stolen art. Not so!
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