The Price of History: When Art Meets Audacity A brazen daylight robbery at Vienna's Museum of Applied Arts (MAK) on Thursday has left many in the art world stunned.
Two unmasked men, posing as visitors, smashed open a glass display case with a hammer and stole a $4 million diamond encrusted necklace designed by Van Cleef & Arpels for Egypt's Queen Nazli in the 1930s.
The theft is not only a significant loss for the museum but also a blow to our understanding of history. The necklace, valued at over $4 million, was once owned by Queen Nazli and later sold at auction for nearly $4.