
I've just read this article about a museum in Sao Paulo was robbed of two paintings, one of which was a Picasso of estimated worth $50M. During the brouhaha, it was revealed that, at the time of the robbery, there was no active surveillance (security guard), the cameras didn't get a good picture (no infrared), and this might be the kicker.... there's no insurance on the collection.
I'm not a huge fan of insurance, I find it to be akin to blackmail in many cases. It's protection money. Yes, sometimes, it's good to have it. Most of the time.... However, and this is a big however, I don't have a multi-million dollar collection of fine art.
The best quote in the article was about how they didn't have any of those precautionary things in place because they can't afford them, but now, NOW they'll see about upgrading a few things... isn't there some expression about closing the barn door after the horses have escaped? The police suspect the paintings were cherry picked for a private collector, by the way. Who SURELY knew the shit state of the museum's security.
Sao Paulo: Come for the robbings, stay for the disingenuousity!
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