A previously unknown work by the American artist Jackson Pollock was discovered in Bulgaria by police conducting a raid on suspected international art smugglers, authorities said. The painting could be worth up to $54 million, experts claimed, according to local radio.
“To our great joy, we managed to establish and keep this painting and at the moment the expertise shows that it is an original.” The work was not described or shown by officials or in any local reports. Several people, including an unclear number of Bulgarian citizens, were arrested in the operation, state news agency BTA reported on Tuesday.
The problem with the high end art world is it’s a transnational money laundering haven, and a good amount of the art never sees the light of day- it gets chucked into climate controlled vaults for the oligarchs to hoard and trade.
That’s amazing