Louvre heist losses estimated at 88 million euros
- At 9.30 a.m. Sunday, four men used a truck-mounted powered extendable ladder to enter the Galerie d'Apollon, spending under four minutes inside and escaping on two motorbikes.
- Security officials acknowledged lapses amid staffing and budget pressures as visitors were present 30 minutes after opening, five security staff acted and alarms sounded during the theft at the Louvre Museum.
- Among the items taken were high-value Napoleonic jewels including a sapphire tiara, while a dropped crown with 1,354 diamonds and 56 emeralds was found damaged.
- As of Monday the Louvre remains closed and officials reassessed security, Justice Minister Gérald Darmanin said `we have failed`, while more than 60 investigators intensified the hunt Tuesday.
- Art-Recovery experts note historically low recovery rates of about 10%, and jewels face extra risks as melting and recutting often hinder retrieval of Napoleonic jewels.
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363 Articles
Value of stolen Louvre jewels revealed
This diamond tiara adorned with pearls worn by French Empress Eugenie was among the items stolen. Photo: Louvre Museum via Reuters Thieves who staged a daring daylight heist at the Louvre museum made off with jewels worth an estimated €88 million ($NZ177 million), Paris public prosecutor Laure Beccuau says.
Louvre heist: Stolen jewels worth an estimated $102M - Paris prosecutor
PARIS — The Paris prosecutor said Tuesday that crown jewels stolen in a dramatic weekend Louvre heist were worth an estimated 88 million euros ($102 million), but that the monetary estimate doesn’t include their historical value to France. Prosecutor Laure Beccuau, whose office is leading the investigation, said about 100 investigators are now involved in the police hunt for the suspects and gems after Sunday’s theft from the world’s most-visite…


Jewels stolen in brazen Louvre heist worth more than $100M: ‘Historical damage’
The historic crown jewels snatched from the Louvre Museum in a daring, lighting-fast heist Sunday are worth more than a staggering $100 million, a Paris prosecutor has revealed.
The Paris prosecutor, in charge of the investigation, said the assault represents a painful blow to France. “It’s a wound to all of us,” she said.
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