Successful art thieves run into the problem of having a painting too famous to sell

Art theft is the third-largest source of criminal revenues worldwide

The market value of art is entirely subjective, allowing paintings to be worth millions while also being lightweight and easy to smuggle. However, most successful heists are the result of luck and don't include a plan for selling. The smartest option for robbers is typically the less famous painting, as it won't be as difficult to sell as the Mona Lisa.

Art theft is the third-largest source of criminal revenues worldwide, thanks in part to the subjective nature of valuing a work of art.

Some robbers have been able to steal works of art with surprising ease

A number of heists have taken place in just a few minutes, relying on a small team and minor weapons. Once pieces are stolen, some are sold as high-quality replicas, leaving art collectors unknowingly holding original masterpieces in their collections.

Stolen art is often ransomed instead of resold

Thieves take advantage of museums, insurance companies, and private owners who are blackmailed into paying millions for the safe return of their belongings. The practice, called "artnapping," occurs because stolen art is too dangerous for collectors to purchase. The perpetrators often have no interest in holding onto pieces, but museums are desperate to retrieve these valuable historic and cultural treasures.

Learn about eight art heists that have gone terribly wrong

Half-baked plots, car troubles, and poor forgeries are some examples of blunders that led to failures in stealing works of art. For example, one heist by armed gunmen led to the theft of 20 van Gogh paintings. Before the robbers could declare victory, a flat tire on one of the getaway cars forced them to abandon the Dutch master's works and escape. They were later arrested for the crime.

Meet the Dutch art detective who's recovered a Van Gogh, Dali, and Picasso

Known by some as the "Indiana Jones of the art world," Arthur Brand has recovered more than 150 stolen paintings and artifacts. He works independently, existing as a helpful bridge between the police and the people who might know where the stolen art is hiding. He is motivated by the thrill of the chase more than any financial payoff.

Why can't we see Mona Lisa's eyebrows?

The world's most famous painting is missing something. And it took centuries for experts to figure out what. In this episode, August Moon investigates what happened to the Mona Lisa's eyebrows—analyzing infrared scans, tracking 500 years of restoration, and examining a forgotten copy from Leonardo's studio. But he uncovers something bigger: what we lost after the 1911 theft that has nothing to do with the painting leaving the Louvre.

Priceless paintings were quickly taken during a 2008 raid of a Zurich museum

Three men walked into Emil Bührle Foundation during open hours. One of the men pulled out a loaded gun and forced the museum staff to the floor, while the others stole four paintings close to the door. The stolen paintings included a Degas, a Monet, a Van Gogh, and a Cezanne, totaling a whopping $160M in stolen art.

Looting art is often a byproduct of war

During WWII, Hitler orchestrated the theft of many masterpieces to eventually create his own museum. While many of these were recovered, iconic works such as Raphael's "[Portrait of a Young Man](https://www.dailyartmagazine.com/the-story-of-the-lost-raphaels-portrait-of-a-young-man/)" and Vincent van Gogh's "Painter on His Way to Work" remain missing or were destroyed by the Nazis.

On Christmas Eve in 1978, a San Francisco museum lost possession of a Rembrandt

Thieves stole four paintings on the night before Christmas, including Rembrandt's "Portrait of a Rabbi," which was worth around $1M at the time. The museum was under construction at the time, and police speculated that the robbers got in through the roof by way of the scaffolding. Over two decades later, three of the pieces were returned.

The Mona Lisa's celebrity status and repeated restorations have obscured what made the painting so revolutionary for its time

Banksy once sold his highly valued artwork on the street for $60

The notorious (and anonymous) street artist has a history of sending up the art world's pretensions. In 2013, he sold his artwork, valued at approximately $20K per piece, for $60 on a New York street. Some unassuming, but apparently aesthetically discerning, patrons took home world-renowned work that day at a steep discount.

A stolen Norman Rockwell painting was found in Stephen Spielberg's collection

In 1989, the famed director purchased "Russian Schoolroom" from a legitimate dealer. He remained unaware that it was looted years prior from a gallery in Missouri until his staff spotted the painting on an FBI list of stolen works of art. In 2007, the FBI confirmed its authenticity.

The history of iconic pigments used in seven famous paintings

While art paints can be bought by the bucket at any craft store today, pigments throughout history have been difficult to come by. Art historian Kelly Grovier traces the fascinating history of pigments that make up hidden layers in masterpieces from Picasso and Hokusai’s Prussian Blue to Vermeer’s shade of red.

This famous painting was hung upside-down for 77 years

According to a curator at a German museum, an abstract painting by Dutch artist Piet Mondrian has been displayed upside down for seventy-seven years at a number of museums.

Bellagio hotel sells Picasso artwork

Eleven Picasso paintings and other works that helped turn Las Vegas into an unlikely destination for art were sold at auction for more than $100 million.

Graffiti exists in a legal gray area

"Street art" has become a major seller in the art world, yet many states still consider graffiti to be illegal vandalism. Copyright law complicates the situation further, offering protections for "original works of authorship fixed in a tangible medium of expression," even if they've been created illegally.

Some argue that appropriation in pop art is simply plagiarism

Some of pop art’s most recognizable works rely on the art of appropriation, lifting advertisements, product images, and—in Roy Lichtenstein’s case—comic book panels drawn by other artists. Artnet dives into a 2023 documentary exploring the complicated legacy of appropriation and high versus low art through interviews with comic artists whose work Lichtenstein copied into million-dollar masterpieces.

In 1969, one British taxi driver stole a Goya from the National Gallery in London

Francisco de Goya's portrait "The Duke of Wellington" was believed to be seized by a criminal mastermind. In reality, a 60-something cabby named Kempton Bunton confessed to the crime about four years later. In 2021, it was revealed that he was actually covering for the actions of his son. The heist has since been immortalized in the film "The Duke."

How legendary artists overcame creative block

For most artists, creative block—the unfortunate experience when new ideas suddenly disappear—is inevitable. This Artsy article looks at six artists (including Picasso, Monet, and O’Keeffe) who dealt with creative block and overcame it by experimenting with new media, moving to a new place, or by sheer willpower. It also highlights one artist, Chuck Close, who claims that he never dealt with creative block because he simply viewed his artistic practice as any other job.

Mark Rothko demanded a high-end restaurant remove his paintings

The artist was commissioned to paint murals for a Four Seasons restaurant on the ground floor of New York's Seagram Building. After attending the restaurant, he demanded his paintings be taken down and agreed to return his $35K payment, saying, “anybody who will eat that kind of food for those kind of prices will never look at a painting of mine.”

How Van Gogh painted 'Irises' in an asylum

Van Gogh’s painting titled “Irises” (1889) remains one of his most-recognized works. Created soon after the artist checked himself into an asylum, the oil painting depicts flowers from the overgrown garden in the institution. Discover more about the work and other masterpieces Van Gogh constructed during a personally tumultuous time.

Frank Lloyd Wright's houses are historically difficult to sell

Though beautiful and world-renowned, homes by America's greatest architect spend years on the market without a buyer. Prospective homeowners are often driven away by the decades-old properties that require heavy maintenance, upkeep, specialized artisans, and rare materials.

Frank Lloyd Wright's houses are historically hard to sell because they're old, subject to local landmark commissions, and often unfashionable

Autograph hunters form secretive networks to trade celebrity access tips

Inside the rarefied world of the autograph collector, individuals who will go to great lengths to gather celebrities' signatures.

The criticism of 'selling out' has waned in the 21st century

Although patronage was a regular part of artists’ income throughout the 19th century, the insult “sell out” gained prominence in the 1950s. The jazz and folk communities, in particular, levied the term at artists they believed had sacrificed their integrity for financial gain.

The number of active art NFT traders peaked above 529,000 in 2021

The market for art non-fungible tokens has collapsed since its 2021 peak. In 2024, it had just 76,000 active traders.

Explore how fine jewelry investing works

Experts recommend that fine jewelry investors focus on the most in-demand brands like Cartier, and on trends, time periods, and stones with staying power.

Georgia O'Keeffe's flower paintings are often assumed to be sexual, though the artist claimed she was simply interested in highlighting the beauty of flowers that most people neglect

In 2019, a laptop loaded with six of the worst malware in history and described as 'an exhibit of historical weaponry' sold for $1.3M.

When a Paris department store hesitated to sell Estée Lauder's perfume, she 'accidentally' broke a bottle, causing the smell to spread throughout the store and shoppers to start asking to buy the scent.

Graffiti dates back to at least ancient Pompeii, where citizens scrawled messages to one another on public walls

See these 16 pieces of art evoking phobias of snakes, flying, spiders, and more. 

The tragic Pulitzer Prize-winning image 'The Vulture and the Little Girl' (1993) generated controversy, raised concerns about ethics in photography, and eventually led to the photographer's death.

Warren Buffett's former professor Benjamin Graham is known as the 'father of value investing,' a strategy in which investors seek to buy stocks trading below their intrinsic worth.

American dance legend Martha Graham, sometimes called 'the Picasso of dance,' refused to perform at the 1936 Olympics in Berlin and conceived the piece 'Chronicle' in response to the experience.

Mid-century modern graphic designers, known for their bright colors and bold lines in advertising, also found success with children's books.

The 1987 Nintendo video game 'Stadium Events' isn't known for being particularly fun, but its scarcity has made it a highly sought-after item that has sold for up to $35K at auction.

Hotels in Cannes, the glamorous city on the French Riviera, hire hawks to ward off seagulls during the city's famous film festival.

Some coin denominations have ridges etched on their sides, partly to prevent counterfeiting, in a practice called 'reeding.'

Salvador Dalí believed he was his own dead brother, who had died nine months before he was born

Clever Hans was a 1900s horse that was believed to be able to solve math equations, tell time, and read and comprehend German, until a psychology student discovered how he got his answers.

Indefinite cloning of some endangered species may not sustain their longevity because cloning success rates decrease as genetic mutations accumulate.

Netflix profits when you're not watching, and its movies are designed that way—read a detail-rich critical essay exposing lesser-known Netflix takes

Domino's Pizza's 30-minute delivery guarantee was responsible for the chain's 1980s surge, but it was discontinued after the company was found liable for delivery driver accidents.

'Grand Canyon of the Yellowstone,' a work by American painter Thomas Moran, inspired Congress to establish Yellowstone National Park.

Urushiol, the oily toxin in poison ivy, can remain allergenic on clothing for years.

Hear 50 years of iconic hip-hop samples, the genre's foundational looped tracks

SpongeBob exemplifies Aristotle's philosophy for living well because he understands that happiness doesn't come from external factors like money, recognition, or power.

A 2019 Facebook event called on attendees to "Storm Area 51, They Can't Stop All of Us," resulting in countless memes, the creation of a music festival, and eventually the arrests of those who did try to approach the area.