Often repeated "buy art for pleasure, not investment" advice now backed by data:
The Persistent Crime of Nazi-Looted Art
The discovery of more than 1,500 artworks in a flat in Munich serves as an inconvenient reminder of one of the unresolved wrongs of the Third Reich.
To Catch a Thief: Art Security & Recovery
Let’s leave art theft to Hollywood. Glamorous and alluring as The Thomas Crown Affair and similar films may be, true art crime leaves its victims feeling attacked, struggling with insurance companies, and grieving for prized possessions. It also happens more frequently than you may expect: tens of thousands of artworks, worth billions of dollars, go missing every year. In 2004, the FBI even set up their own Art Crime Team, comprised of 16 special agents. They maintain a National Stolen Art File, where you’ll find missing works by artists ranging from Abstract Expressionist Franz Kline to Andy Warhol. From Pre-Columbian stone bears to screen prints, art of all media, from all eras, is vulnerable to robbers seeking profit or their own aesthetic fulfillment.