Louvre jewel heist valued at €88 million as manhunt intensifies
The jewellery taken from the Louvre Museum in Paris is estimated to be worth 88 million euros ($102 million), according to a French prosecutor, as the search continues for the stolen treasures.
Paris prosecutor Laure Beccuau told French radio station RTL the value of the loot taken in Sunday’s daylight robbery had been estimated by the museum’s curator.
“This sum is indeed spectacular, but we must remember that this damage is economic. But it has nothing parallel or comparable to the historical damage caused by this theft,” she said.
Around 100 investigators are involved in the manhunt to track down the criminals who made off with artifacts from the French crown jewels, dating from the Napoleonic era, she said.
Experts fear that the prospects of recovering the jewellery are slim. But Beccuau warned that the thieves may struggle to obtain the loot’s value if they chose to dismantle the pieces to resell the jewels or melt down the metals.
The Louvre remained closed on Tuesday, in accordance with its scheduled opening times, but is due to reopen on Wednesday. The Apollo Gallery targeted by the thieves will remain closed.
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