【Paris, Franc】Cutting Them Up or the Black Market: The Only Way for Thieves to Sell the Stolen Jewels from the Louvre

Editor’s Note

This article discusses expert skepticism regarding the potential commercial release of certain items, noting that while their current location is under scrutiny, a public reappearance is considered unlikely.

La corona de Eugenia de Montijo, expuesta en el Louvre, en una imagen de archivo
Experts Doubt the Pieces Can Enter the Commercial Market

Experts doubt the pieces can be placed on the commercial market, as all eyes are currently on their whereabouts. However, they also do not believe they will reappear.

A Fast and Professional, Yet Flawed, Robbery of Priceless Jewels at the Louvre

Sunday. 9:30 AM. Half an hour after the opening of the Louvre Museum, four hooded men enter through a window and take nine pieces from the Apollo Gallery, which houses the main jewels of the French royalty. One of them, the priceless crown of Empress Eugénie, is dropped along the way. The rest remain missing. The thieves needed barely ten minutes to commit the theft. Now, what will they be able to do with the pieces? Will it be possible to introduce them into a market where they now have all the attention?

Expert Opinions on Recovery and Sale

José Luis Guijarro, director of the Master’s in Art Market at Nebrija University, explains to elDiario.es that it is complicated for them to be recovered, although he also believes they will not be able to be sold:

“They cannot appear at auction or on any platform. They are extremely well-known, and with all the media uproar, they are now recognizable by anyone.”

In the same vein is Joaquín Gallego, a specialist in the Art Market, who bets that the way out will be:

“To cut them up, dismember them, because they can be transported very easily, inside a purse, a briefcase, or even a pocket. And with them, construct another jewel, a ring for example.”

Yolanda Berger, director of the Diploma in Art Market at the University Carlos III of Madrid, poses the question:

“Once you dismember them, how can anyone at customs identify that a sapphire is not yours? From there, it can travel to Dubai, Africa, Russia, there are rich people everywhere.”

The expert in illicit trafficking, for his part, states that jewels “move” more easily than other works like paintings, which are more complicated to transport while evading all kinds of controls. He also emphasizes that in this case, they are pieces of great economic value, but above all “patrimonial, affective, symbolic, and above all cultural for the country. France is now humiliated because it allowed this to be stolen.”

Historical Context and ‘Commissioned’ Theft Theory

Joaquín Gallego recalls that it was precisely the Louvre that marked the “starting point of interest in the recovery of stolen works.” All this after the theft of Leonardo Da Vinci’s Mona Lisa disappeared in 1911. La Gioconda eventually reappeared. The perpetrator was Vicenzo Peruggia, a former employee of the museum, who at the time argued that he wanted to return the painting to Italy, its true home, as he believed it was part of the canvases that Napoleon had taken to France in the early 19th century.

Another of the most notorious thefts in recent years occurred in the neighboring country. In 2010, five paintings valued at 500 million euros, including a Picasso and a Matisse, were taken from the Museum of Modern Art.

“There were also no injuries or deaths. It is clear they were after the works,”

opines Joaquín Gallego, who is clear that in both cases it is a ‘commissioned’ theft, in such a way that someone hires another person to steal “few, very concentrated pieces,” like what just happened at the Louvre.

Yolanda Berger is not so sure, despite the fact that there are those who become “infatuated” with a particular work. However, aware that collectors usually want to “show” their belongings, she asks:

“Who would want an empress’s tiara to use in their private sphere?”

What she does maintain is that these pieces have “no place in the market. Being jewels, through the commercial route is impossible.”

To the Art Black Market

José Luis Guijarro warns that history is composed of other robberies perpetrated in the most “shoddy, easy ways, simply by entering through a window”:

“We have a social representation of museums as safe places, and perhaps they are much more vulnerable.”

The teacher blames fiction for having contributed to this perception within the collective imagination, due to the “films that romanticize security. This depends on the budget, and you have to choose what to protect and what not, and with what measures.” Titles like The Thomas Crown Affair (John McTiernan, 1999), The Picasso Gang (Fernando Colomo, 2012), Trance (Danny Boyle, 2013), and Bean: The Ultimate Disaster Movie (Mel Smith, 1997), could be framed in this trend.

When assessing where the Louvre pieces could end up, Guijarro points to the black market:

“The art market is the third with the highest number of illicit operations in the world, behind arms and drugs.” “I don’t see it being a collector, in the romantic sense, who wants to have those pieces. They can serve as currency, collateral, for illicit transactions,”

he notes, “although less and less, there is still a lot of fraud, money laundering, forgeries.”

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⏰ Published on: October 20, 2025