Following the news that around 30 pieces of art, including one by Picasso, have been stolen in Spain, Robert Korzinek, fine art expert at specialist insurer Hiscox, comments:
“This is another regrettable example of a well executed but poorly conceived crime. The works of art were stolen in what appears to be a well planned and orchestrated heist. However, once the ink has dried on the headlines these thieves will be left struggling to convert their hot art into cold cash. Nowadays, images of stolen artworks can be circulated worldwide in a matter of hours rendering the works untouchable on the open market. Past experience shows that the chance of eventually recovering these works is very good.”
Source : Hiscox Press Release
