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ART WORLD-essay Essay Example

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Such expensive works of art because thieves usually steal art works that are easy to carry and transport hence, it is a very trivial job for them to get it transported. In the year 2011 artworks worth $1 billion were recovered from a home in Munich, Germany. These art works were believed to have stolen by the Nazis through the end of World War II. It has become a very lucrative business for thieves, there is no investment required and the returns are unbelievable this is precisely why more and more cases of burglary of these art works has been reported in the last few years.Stolen artwork fetches a lot of money and it is well over a billion dollar industry. This practice is illegal and also highly unethical, but people still involve themselves in this lucrative trade because there is easy money to be made. It promotes corruption in society, in addition to this famous paintings fetch a lot of money and this is precisely why many people eye these famous paintings and when an opportunity presents itself they steal it and sell it on to make a nice quick buck.There are two categories of people who steal these famous painting in an endeavor to make a quick buck. The first is called the naïf. A naïf typically steals a painting but after sometime upon being unable to sell it, a naïf realizes that the work of art has become extremely burdensome because of their inability to sell it and the same results in the work of art becoming worthless at least to the person who has stolen it. The second category represents sophisticated criminals who do not think like typical naïfs. They understand and value the worth of stolen art work and come up with appropriate strategies to sell it and in the process make good money. The FBI each year reports that several high-profile paintings go missing and they also understand and realize that these high-profile paintings are being sold and the stolen artwork industry is thriving because of the same.“While an open-market sale of works taken in such circumstances is impossible, there continues to be demand for the product, because the rightful owner — a collector, a museum, an insurer — wants the art back. That desire, however nebulous, is what is truly being traded when noteworthy artworks are exchanged on the black market. As long as there is a belief among criminals in the enduring willingness of parties from the legitimate art world to retrieve their property, a stolen painting has currency.” (CAESAR,

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