The jewels stolen from the Louvre are estimated at over $100 million

Embed from Getty Images
The eight pieces of jewelry stolen from the Louvre Museum on Sunday — glittering works of diamonds, sapphires, emeralds, and pearls, all with noted links to French history — have still not yet been recovered. (Except for the one tiara the thieves dropped and damaged while fleeing the scene.) I feel like reactions to the brazen theft have broadly fallen into two categories: French officials exclaiming, “Mon dieu, l’ héritage!” Versus the rest of the world going, “Ooooh, I love a good heist! When’s the movie coming out?” Don’t deny it — I read your comments! As a lover of both jewelry and cinema, I’m caught between the two camps. There’s no denying that the brooches, crowns, earrings, and necklaces stolen were “priceless” and “inestimable,” as many local authorities were saying in the immediate aftermath of the heist. Only now, a few days later, they’ve found a way to estimate a price: over $100 million.

Extremely valuable jewels linked to France’s bygone monarchy were taken from the iconic Paris museum in a stunning daytime heist that lasted just seven minutes on Sunday, Oct. 19.

A matching emerald necklace and emerald earrings worn by Marie-Louise, the second wife of Napoleon, as well as a tiara and large brooch that belonged to Empress Eugénie were among the jewelry stolen, according to Reuters.

The tiara was reportedly later found damaged outside the museum, per the outlet.

The thieves used small chainsaws and angle grinders to get to the targeted room while the museum was open, according to AFP.

Reuters reported that Paris public prosecutor Laure Beccuau noted that the thieves, who have still not been caught, got away with jewels worth an estimated €88 million ($102.63 million).

“It is important to remember that this damage is an economic damage, but it is nothing compared to the historical damage caused by this theft,” Beccuau said, per the outlet.

A sapphire tiara, a sapphire necklace and a single sapphire earring worn by Queen Marie-Amélie and Queen Hortense, as well as a brooch known as the “reliquary brooch,” were also stolen, according to Reuters.

Authorities believe four people were involved in the heist: two wearing yellow vests posing as workers at the museum, and two others riding scooters, Le Parisien reported. The investigation and manhunt remain ongoing with some experts warning that after 48 hours, it’s unlikely the stolen jewels will be recovered.

According to ABC News, Laurence des Cars, the director of the Louvre, will appear before French lawmakers on Wednesday, Oct. 22, to answer questions regarding the museum’s security and what went wrong over the weekend.

[From People]

Louvre director Laurence des Cars appeared before the French Senate yesterday in a hearing that lasted over two hours, and from what I read of BBC News’ live reporting it was un doozy. Instead of trying to puff up the museum’s security measures, des Cars admitted defeat from the outset, saying “We failed these jewels” and “The weakness of our perimeter protection is known.” No sh-t, Poirot. And des Cars continued at length about how old the building is which makes outfitting it with the highest degree of security infrastructure nigh on impossible. She even called herself a “whistleblower” because something something “I noticed the equipment was old when I started this job four years ago!” But the pièce de résistance — the critical bit that does the most to explain how two people posing as construction workers can break into the world’s most-visited museum, steal over $100M in jewelry of national pride, and make a getaway on scooters in all of seven minutes — has to do with the thieves’ point of entry. They broke the window of a balcony to the Gallery of Apollo. The gallery has only ONE camera, and it was pointing AWAY from the balcony. Does anyone else feel like this hearing acted more like an invitation for criminals to try their worst?

Embed from Getty Images

Embed from Getty Images

Embed from Getty Images

You can follow any responses to this entry through the RSS 2.0 feed.

14 Responses to “The jewels stolen from the Louvre are estimated at over $100 million”

  1. Chaine says:

    Am I the only one that never heard about these supposedly so important valuable jewels until this heist happened?

    • FancyPants says:

      I hereby invite you to visit the “Court Jeweller” blog, a dazzling part of my daily rotation. It’s bling and history and modern royalty all rolled into one fascinating package. The author has a Substack, too.

    • Myself says:

      I certainly know about them (I love the court jeweller and there are many other blogs on the topic) but not everyone can know about every topic, so….. While traveling, if I have the opportunity to visit a museum with a fantastic jewel collection, I am THERE! 😉

    • maisie says:

      never been to Europe? New York or Washington DC? major collections housed in art museums all over the world? Tower of London? they are there if you want to see them

  2. Becks1 says:

    these jewels are stunning. We were just there in August and they were a stand out from the visit.

    I’m sure they’ll never be seen again. they probably went to a some billionaire who wants them for his private collection and that will be that.

    • Libra says:

      The would be the best outcome; a private collection. Fingers crossed.

      • BayTampaBay says:

        My guess is the pieces will be broken up and the individual stones sold.

        I also hope the historic pieces remain intact and end up in a private collection.

  3. blue says:

    Who’s got them? Bezos? Maybe a Saudi?

    • Goldenmom says:

      The visual of those necklaces showing up on the overinflated chest of Lauren Bezos has actually put me off my breakfast. No THANK you.

  4. SgtPepper says:

    Just like the destruction of the East Wing, this is a great loss for France. It’s crazy that they somehow don’t have the funds to ensure the Louvre’s security, yet some of the richest people on Earth call France home call themselves French citizens. We’re starting to see some glaring hypocrisies in the Western world and I wonder if the populace will be intelligent and motivated enough to do an about-face for the sake of society or if we’ll just dive deeper into the dark ages.

  5. Nanea says:

    @Kismet: too bad Cary Grant no longer walks amongst us…

    Anyway — as bad as the robbery is, and the way it has exposed weaknesses in the Louvre’s security, I hope this serves as a wakeup call for all museums, not only in France, to check and re-evaluate their security systems.

  6. scorpionista says:

    saw something on the gram yesterday about budget cuts to the Louvre and other arts orgs so Macron can fund tax cuts for the wealthy. Does anyone know if this is accurate? I don’t know enough about French politics- It also said that they are projected to cut 5 million from the Louvre budget next year and that they are seriously underfunded and understaffed.

Commenting Guidelines

Read the article before commenting.

We aim to be a friendly, welcoming site where people can discuss entertainment stories and current events in a lighthearted, safe environment without fear of harassment, excessive negativity, or bullying. Different opinions, backgrounds, ages, and nationalities are welcome here - hatred and bigotry are not. If you make racist or bigoted remarks, comment under multiple names, or wish death on anyone you will be banned. There are no second chances if you violate one of these basic rules.

By commenting you agree to our comment policy and our privacy policy

Do not engage with trolls, contrarians or rude people. Comment "troll" and we will see it.

Please e-mail the moderators at cbcomments at gmail.com to delete a comment if it's offensive or spam. If your comment disappears, it may have been eaten by the spam filter. Please email us to get it retrieved.

You can sign up to get an image next to your name at Gravatar.com Thank you!

Leave a comment after you have read the article

Save my name and email in this browser for the next time I comment