Global Art Recovery Rate Cited at 1.5%

November 27th, 2013

Officer at Rotterdam Kunsthal, via Art NewspaperThe global recovery rate for stolen art has been placed at a strikingly low 1.5%, The Art Newspaper reports.  Partially caused by the low priority given to such crimes by most police forces, the field is generally led by private companies, which charge a high percentage of the work’s value for recovery, leaving many dreaming of a better system.  “There is a certain need for an international database,” says Mark Dalrymple, a loss adjuster at London’s Tyler and Co.

Read more at Art Newspaper