The Rescue Artist Read Online Free PDF

and American museums do buy insurance against theft. A small museum might have a policy that covers $5 million or $10 million worth of art; a world-renowned museum might have $500 million worth of coverage.
    Here, too, there are exceptions, and the Gardner was the exception of exceptions. The museum and the mock-Italian palace that houses it were the legacy of Isabella Stewart Gardner, the eccentric Boston socialite and patron of the arts. “Mrs. Jack” died in 1924, but she lives on in the famous portrait by her friend John Singer Sargent, in countless appealing but dubious anecdotes—she supposedly took a lion cub on a leash for a walk down Tremont Street—and, above all, in her museum. For years the museum also served as Mrs. Jack’s home; she lived on the fourth floor, above three floors of carefully gathered treasures. Gardner’s will stipulated that her paintings be displayed just as she had arranged them. None was to be sold or even moved. No new works were to elbow their way into the collection.
    One consequence was that, though Boston grew ever more bustling as the decades passed, 2 Palace Road remained an oasis of tranquility. Another was that the museum trustees decided to forego theft insurance. The customary rationale for insuring art, after all, is to make it possible to replace objects that have been stolen or damaged. But if any such replacement is forbidden, why pay insurance year after year? Insuring the collection might even draw thieves who believed they could steal paintings and hold them for ransom. (So the trustees reasoned. A contrary view—that, in the event of a theft, the museum would be better off with a check from an insurance company than with a dead loss—lost out.)
    So when thieves broke into the Gardner in the winter of 1990 and walked away with $300 million worth of art, not a single penny of the loss was covered by insurance.
    Private owners are often just as reckless. Some are shortsighted. Others, especially those who have inherited paintings worth a fortune, may lie low in fear they will draw the notice of the taxman. Still others are once-grand aristocrats, nowadays rich in land and property but poor in cash, who choose to put their money into replacing a two-acre slate roof or modernizing centuries-old plumbing rather than into insuring dozens of dusty canvases passed down through the generations.
    Surprisingly, in light of how many people choose to do without it, insurance for art is a bargain. The going rate is a few tenths of a percent, roughly on a par with homeowner’s insurance; the premium on a million-dollar painting is a few thousand dollars a year. But the rates are low because the risk of theft is low, and many owners take a chance. The Duke of Buccleuch, for example, owns an art collection worth some £400 million. One painting alone, Leonardo da Vinci’s Madonna of the Yarnwinder , stolen in the summer of 2003, was worth perhaps £50 million. The duke had insured his entire collection for £3.2 million.

    The disdain for art crime on the part of the police is not simply philistinism. The police, always strapped for money and facing crises on every front, have to choose which crimes to pursue. They confront a real-life counterpart of the dilemma from freshman philosophy class: Do you rescue the man crying for help in the window of the burning house, or do you save the Rembrandt hanging above the mantel?
    The public, too, prefers that the police focus on “real” crime rather than on stolen art. Unsolved assaults are scandals; missing paintings are mysteries. The police have little choice but to show they are fighting all-out to control the crimes that dominate the television news and the tabloid headlines. “If we should find a drug dealer who’s also a pedophile and who’s involved in arts and antiques, maybe we’d get something done,” complains one detective who has been chasing art crooks for thirty years. “But if a villain is involved in arts and