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    Home»Opinions»Louvre robbery gang used a brazen new criminal blueprint
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    Louvre robbery gang used a brazen new criminal blueprint

    The Daily FuseBy The Daily FuseOctober 26, 2025No Comments4 Mins Read
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    Louvre robbery gang used a brazen new criminal blueprint
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    A ladder truck, an angle-grinder, a maxi-scooter and 7 minutes. That seems to be all it took for thieves to nab priceless jewellery from the Louvre, the world’s most-visited museum. The vulnerability of this cornerstone of French gentle energy provides to the nation’s sense of malaise, and fingers are being pointed over obvious safety flaws.

    Nevertheless it speaks to one thing a lot broader, too: Criminals’ boundless starvation for gold and different treasured metals and gems — not fantastic artwork — as the worth of those commodities soars.

    Museum raids have gotten ever extra audacious because the gold value has doubled in a yr — and jumped tenfold in 20 years. A stampede of traders fleeing erstwhile secure belongings reminiscent of authorities bonds is making actual stuff you may preserve in safes or vaults vastly fascinating. The smash and grabbers are taking word. Simply final month thieves used a blow torch and an angle-grinder to steal €600,000 ($699,169) price of gold nuggets from the Paris Pure Historical past Museum.

    And again in November 4 masked males openly smashed show circumstances within the Cognacq-Jay Museum within the French capital and made off with seven 18th-century snuff packing containers. 5 of the seven have been recovered, based on Paris’ museum affiliation, however individuals working on this nook of the artwork world are in a state of perpetual nervousness.

    Is France a gentle contact? Three heists within the area of a yr does begin to look careless. Louvre workers have warned about employees shortages earlier than they usually went on strike in June. However nowhere appears to be like safe. In January robbers blew up the door to the Drents Museum within the Netherlands to loot artifacts together with a gold helmet from round 450 BC.

    Some thieves have began to interrupt down stolen gold within the getaway van, prepared for smelting, based on accounts from the art-dealing fraternity. A $6 million gold rest room was ripped out of England’s Blenheim Palace a number of years again, ostensibly for its steel worth.

    The shambolic nature of the Louvre caper suggests a brand new degree of boldness for even the decrease reaches of organized crime as they search for a slice of a booming marketplace for illicit artwork and antiquities, estimated at $2 billion-$6 billion.

    Like cybercrime and digital foreign money scams, it’s all an sad byproduct of our more and more cashless existence. With fewer banks to rob and fewer cash held in store registers, those that love to do their thieving in the true world have been turning to newly loaded cryptocurrency entrepreneurs or on the lookout for simply lifted objects like top-end watches. Artwork displays now discover themselves on the extra rarefied finish of this disagreeable enterprise.

    This may solely add to the distress of small museums, three out of 5 of whom say they’re nervous about their future as footfall declines and prices rise. How can they fund further safety in that surroundings? What makes the Louvre a “slap within the face” for all museums, as artwork detective Christopher Marinello places it, is that if it may well occur to the grand previous woman of such institutions, what hope do others have? It has already been slated to obtain a lavish €800 million makeover. The much less exalted gained’t be so fortunate.

    What occurs subsequent? The complete French state has been put into gear to trace down the miscreants. The tiaras, brooch, necklaces and earrings from the gathering of Empress Eugénie and various royals could also be tough to launder even when they’re damaged aside and bought in hard-to-identify items. Safety measures can be beefed up. The artwork neighborhood is on crimson alert.

    However what can it do to cease the following band of chancers? Museums will have to be way more cautious about crudely luring guests with the worth of their displays, as will collectors. Magistrates can be underneath stress handy down robust sentences to discourage copycats.

    And outsiders are usually not the one risk. The British Museum sacked a employees member in 2023 after about 2,000 treasures had been reported lacking, stolen or broken. It’s all very totally different from the epoch-defining theft of the Mona Lisa from the Louvre a century in the past, which ended up inflating its legend. With right now’s Arsène Lupins having their eye squarely on shiny metals and never Da Vincis, it appears to be like just like the gold increase has made Philistines of us all.

    Lionel Laurent: is a Bloomberg Opinion columnist writing about the way forward for cash and the way forward for Europe. Beforehand, he was a reporter for Reuters and Forbes.

    ©2025 Bloomberg L.P. Go to bloomberg.com/opinion. Distributed by Tribune Content Agency, LLC.



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