History and Business
The origin of
the ALR was The International Foundation for Art Research (IFAR), a
not-for-profit organisation based in New York. In an attempt to deter
international art theft, IFAR established an art theft archive in 1976
and began publishing the “Stolen Art Alert”.
Ten years
later, the magnitude of the problem was manifested by the fact that
IFAR had over 20 000 manual records. While IFAR had been very
successful in recording the details of losses, it was apparent that
recoveries would only materialise if such records could be computerised
and the database made available to worldwide law enforcement agencies
and diligently searched against auctions and public art fairs.
Substantial capital investment and a corporate vehicle were necessary.
The ALR was first established in London in 1991. Its founding
shareholders included major businesses from both the insurance and art
industries. Subsequently offices in New York, Cologne, Amsterdam and
recently Paris have been established so as to cater for an expanding
number of searches made on the database.
The ALR is now the
world’s largest private database of lost and stolen art, antiques and
collectables. Its range of services includes item registration, search
and recovery services to collectors, the art trade, insurers and
worldwide law enforcement agencies. These services are efficiently
delivered by employing state of the art IT technology and a team of
specially trained professional art historians. The worldwide team has
been deliberately constructed so as to offer a range of language
capabilities as well as specialities (modern art, old masters,
antiquities).
Conceptually, there are two aspects to the business.
First, by encouraging both the registration of all items of valuable possessions on the database and also the expansion of checking searches, the ALR acts as a significant deterrent on the theft of art. Criminals are now well aware of the risk, which they face in trying to sell on stolen pieces of art.
Second, by operating a due
diligence service to sellers of art and also being the worldwide focus
for any suspicion of illegitimate ownership, the ALR operates a
recovery service to return works of art to their rightful owners. In
recent years, the service has been extended to negotiate compensation
to the victims of art theft and a legitimising of current ownership.
The
ALR’s pre-eminence in the field of stolen art has allowed the business
to be instrumental in the recovery of over £160m ($320m, €230m) worth of stolen
items.
Highlights of this excellent and improving record have been:
- Paul Cezanne Still life with Fruit and a Jug Stolen 1978 Recovered 1999
- Edouard Manet Still life with Peaches Stolen 1977 Recovered 1997
- Pablo Picasso Woman in white reading a Book Stolen 1940 Recovered 2005