“Apart from boosting security, which isn’t easy for museums since they need to remain accessible to the public, there’s not much that can be done about the prevalence of art theft. The optimal solution, perhaps, is a limited amnesty for collectors who end up with stolen items on their hands, coupled with a limited reward for returning them. After all, stolen artifacts usually sell for less than 10% of their full value on the black market, and a reward of up to 5% could be an attractive alternative to sitting on stolen goods for years or trying to sell them.”
Interesting article, but is the last paragraph a surreptitious offer to the thieves for its return no questions asked?
“Apart from boosting security, which isn’t easy for museums since they need to remain accessible to the public, there’s not much that can be done about the prevalence of art theft. The optimal solution, perhaps, is a limited amnesty for collectors who end up with stolen items on their hands, coupled with a limited reward for returning them. After all, stolen artifacts usually sell for less than 10% of their full value on the black market, and a reward of up to 5% could be an attractive alternative to sitting on stolen goods for years or trying to sell them.”
Interesting article, but is the last paragraph a surreptitious offer to the thieves for its return no questions asked?