Value of Stolen Art When Used as Collateral

Paintings that are stolen from museums and private collections are generally not resold due to its illicit nature but used as collateral in other criminal activities.  The painting usually serves as currency for 10 percent of its retail value.

Source: Doren Carvajal, “Seeking Clues, Paris Examines Security After Art Theft,” New York Times, May 21, 2010.