The Hunt: $200 Million Worth of Art Is Still Missing From a Paraguay Museum

Thieves dug a tunnel to steal European masterworks back in 2002.

A photograph of a majestic white art museum against blue skies, partially obscured by a palm frond National Museum of Fine Arts (Museo Nacional de Bellas Artes), Asuncion, Paraguay. Photo: MJ Photography / Alamy Stock Photo Vittoria Benzine July 15, 2024

In July 2002, a heist at the National Museum of Fine Arts of Asunción in Paraguay rocked the world, not only due to the lost masterworks, which were valued at around $200 million, but the elaborate ploy the thieves used to pull off their robbery. They favored European paintings, with a haul that included a self-portrait by Tintoretto, Tête de Femme by Adolphe Piolt, a landscape by Gustave Courbet, a Madonna and Child by Bartolomé Estéban Murillo, and an unattributed 16th-century portrait of Saint Jerome.

The museum was founded in 1909, 67 years after Paraguay officially declared its independence from the Spanish Empire. It occupies the same building as the National Archives, and holds 650 artworks ranging from paintings to ceramics, alongside antique coins and more from the collection of the inaugural director-general Juan Silvano Godoi.

The museum’s founding was meant to mark a new chapter for the republic, but centuries of political volatility could partially explain why the institution hadn’t managed to install any security cameras to capture the thieves on film.

Instead, a shocking, subterranean discovery told the story. Authorities found that an 80-feet tunnel had been dug to connect the museum with a health food store across the street.

Further investigation revealed that the men who’d opened that store had used fake identities. They had even carved out another leg of the tunnel that led to the parking lot of a hotel nearby, which the bandits likely used to escape.

A scan of a portion of a portrait painting of a coy young woman lit dramatically against a black background Adolphe Piot, Tete de Femme (date unknown). Photo: The History Collection / Alamy Stock Photo

Legend of the haul lives on and international police forces have scoured the black market ever since. Only one opportunity has presented itself so far. In 2008, the National Centre for Cultural Heritage Protection at the INTERPOL-Argentina Department received a tip that the lost “San Gerónimo” by an anonymous artist and valued at $200,000 was up for illicit sale in Posadas, Argentina.

Soon enough, a police fact-finding mission accompanied by Argentinean Federal forces recovered the painting in mint condition. The work was back home by that July, as part of a larger push by Argentinian authorities to repatriate stolen artwork found on their soil.

Those forces are probably still monitoring the art world’s underbelly for the remaining lost artworks. Meanwhile, the museum has taken matters into their own hands. In February, the institution commissioned five contemporary painters to recreate the lost artworks while 700 fascinated attendees watched on.

The resulting canvases went on view in an exhibition that opened on March 22, and is slated to stay up for awhile. Although the decision doesn’t make it seem like the museum has much hope the works will ever turn up, at least they’re capitalizing on the unexpected notoriety of hosting Paraguay’s one-time robbery of the century.

The Hunt explores art and ancient relics that are—alas!—lost to time. From the Ark of the Covenant to Cleopatra’s tomb, these legendary treasures have long captured the imaginations of historians and archaeologists, even if they remain buried under layers of sand, stone, and history.

https://news.artnet.com/art-world/the-hunt-paraguay-museum-heist-2463477

Stolen Titian, Once Found at a London Bus Stop, Sells for a Record $22 Million

The work had also been looted by Napoleon in the 19th century.

Titian, Rest on the Flight into Egypt (ca. 1510). A religious painting from the Renaissance with the Holy Family traveling in the wilderness, Joseph sitting on the left and the Virgin Mary holding baby Jesus in the center of the painting. A small house is seen in the distance.

A small Titian painting with a storied past has reset the auction record for the famed Renaissance artist. The Rest on the Flight into Egypt (ca. 1508-10) sold for £17.6 million ($22.1 million), including fees, at Christie’s Old Masters sale in London on July 2. The Biblical scene, measuring just 18 by 25 inches, has passed through the hands of emperors, aristocrats, and archdukes, and was stolen—twice.

The work bore a presale estimate of £15 million to £25 million and was backed by a third-party guarantee. It sold to a phone bidder, likely its guarantor. According to the auction house, its “intimate” size is typical of Titian’s earlier works.

The artist’s previous record of $16.9 million was set in the 2011 sale of A Sacra Conversazione: The Madonna and Child with Saints Luke and Catherine of Alexandria at Sotheby’s New York.

“This result is a tribute to the impeccable provenance and quiet beauty of this sublime early masterpiece by Titian, which is one of the most poetic products of the artist’s youth,” said Orlando Rock, the chairman of Christie’s U.K. “This picture has captured the imaginations of audiences for more than half a millennia and will no doubt continue to do so.”

The Rest on the Flight into Egypt was first recorded in the collection of a Venetian merchant in the early 17th century before it was sold to Sir James Hamilton of Holyroodhouse and then on to Archduke Leopold Wilhelm of Austria. The Archduke esteemed his collection so highly that, in the mid 1600s, he commissioned a kunstkammer series of paintings to capture all of his trophy artworks. The Rest on the Flight into Egypt appears in one these paintings, which is now in the Prado in Madrid. After a few generations bouncing between Holy Roman Emperors, the work was first stolen when it was looted by French troops in 1809 during Napoleon’s occupation of Vienna. (It was returned in 1815.)

Its second theft was far more recent. In 1995, it was stolen from England’s Longleat, the home of the descendants of John Alexander Thynne, 4th Marquess of Bath, who had acquired the work from the London dealer Colnaghi. The gallery for its part, had bought it in a Christie’s sale in 1878 for 350 guineas (around $46,700 today)—the most of any of the 11 works by Titian in the sale. After it was stolen, Thynne’s heirs called in an art detective, Charles Hill, to help find the painting, then valued at £5 million. It wasn’t until 2002, however, that the painting turned up, frameless and stuffed in a plastic bag, at a bus stop in London in exchange for a £100,000 reward.

It was returned to Longleat and has been there ever since, except for its appearance in the 2012 exhibition “Titian’s First Masterpiece: The Flight into Egypt” at the National Gallery, London.

After the sale, Lord Bath, who succeeded his father as the Marquess of Bath in 2020 and inherited the Longleat estate, said it was “fabulous” to see the interest in the painting. “As the next chapter in the Rest on the Flight into Egypt’s story is written, I am pleased with the outcome [of the sale]; which will support our considerable long-term investment strategy at Longleat to build on the vision and legacy of my ancestors for the benefit of future generations,” he said.

Margaret Carrigan, July 4, 2024 https://news.artnet.com/market/titian-sells-for-a-record-22-million-2507972