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Comment: Migrated to Confluence 4.0

According to Joshua Knelman's Knelman’s novel Hot Art the value of stolen, looted or confiscated art is only worth roughly around 10% of the arts actual value. This is because the art is "hot" “hot” meaning no buyer, who is aware that the art is stolen, will pay full price due to the liability. One Rembrandt oil painting from 1632, a portrait of Jacob de Gheyn III, has been given the nickname the "takeaway Rembrandt" “takeaway Rembrandt” as it has been stolen four times since 1966- the most recorded of any painting.

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In this particular case of theft because the Rembrandt was stolen so many times it became quite notorious. These thefts made the painting quite famous which would have increased the value. I read an article online written by a former attendant at Dulwich Picture Gallery who said "Without doubt “Without doubt the most commonly asked question by visitors to Dulwich Picture Gallery while I was an attendant there was, "Which “Which is the picture that is always getting stolen from here?" The value of this portrait would have increased due to its theft fame. There were little to no political ramifications of the theft due to the fact that it was in a museum and not owned by a private collector. The only cultural ramification would have been that the Dulwich Picture Gallery became famous for it's less than perfect security. Perhaps after the 3rd theft, if the thief had tried to sell the painting, it would have been valued much higher due to its heisted notoriety.

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