Goya Theft Update

Saturday’s New York Times has an update on the theft of Goya’s “Children With a Cart”. As I said earlier this week, the market for this work is extremely small. Purchasers of the work will not be able to claim they acquired the work in good faith, and thus the Toledo Museum of Art will defeat the possessor’s claims. Of course, the thieves may not be concerned with selling the work, they may be trying to ransom the work back to the museum.

The FBI is investigating the theft, and has not released any information to the public. It seems though, that as more time passes, the likelihood of a quick resolutions grows more remote. The Times piece has quite a few details of the theft, which it seems to have gathered from the insurance investigation and interviews with the proprietors of the Pennsylvania Howard Johnson. The painting was taken from the delivery truck overnight, after being parked in the motel’s parking lot. At this point, criticism has centered on the driver’s decision to stop overnight when they could have completed the drive in a day. Also, these works are not supposed to be left unattended.

Whether this theft was an inside job as a number of commentators have speculated remains to be seen. It might just be an example of a couple of lucky thieves coming across this delivery truck at this Howard Johnson. Look for museums to increase the security procedures involving the transportation of valuable works of art in the future. Many museums depend on the income and prestige which comes with hosting large exhibitions like these. For the general public, it would be a great shame if this theft causes institutions to think twice before loaning their works to other museums.

Questions or Comments? Email me at derek.fincham@gmail.com

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