Reward for Stolen Painting May Be Biggest Ever

[Hum]

Jeffrey Gundlach's $1 million reward for his stolen painting by Piet Mondrian is believed to be the largest ever offered for a single painting, according to art experts.

Gundlach, a bond investor, announced at a press conference yesterday that he's offering $1.7 million for the return of his entire art collection, which also includes works by Jasper Johns and Richard Diebenkorn. Of that amount, $1 million is for Mondrian's "Composition (A) En Rouge Et Blanc" alone.

While museums have offered millions of dollars for the return of stolen collections, Gundlach's offered reward far exceeds the amounts commonly offered by private individuals for artworks. "I don't know of other cases where an individual offered that much for a single piece," said Mark Dalrymple, director of Tyler & Co, the British loss-adjuster firm that specializes in recovering and valuing stolen art.

Rewards for art are typically offered by the insurance company rather than the owner, Dalrymple said. Gundlach declined to comment on whether he had insurance.

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[Detection]

'checks craigslist' :p

[Growled Member]

We seem to see a lot of art stolen these days. You would think there is only a limited market for the stuff.