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Sunday 21 June 1998

Video suspect in $50,000 art theft

By JENNY SINCLAIR

Police yesterday released a video taken by security cameras showing a man they think may have stolen a Frederick McCubbin painting valued at $50,000. They also said they were looking to the art world for leads in tracking down the painting stolen on Friday from a Bourke Street, City, gallery. Shipping on the River Yarra depicts a scene from early Melbourne. It was last seen resting against a wall in the first-floor gallery. Detective Senior Constable Tony Loveridge of Richmond CIB said police did not know how many people had been involved in the theft or how the work had been smuggled out of the gallery. It disappeared sometime between 11am and 5pm. The 24-centimetre-square painting, signed by McCubbin, was in a gilded wooden frame. Senior Constable Loveridge said the painting may have been slipped into a briefcase or hidden under a jacket. The gallery is part of Kozminsky Jewellery, which also sells antique jewellery and silverware. Senior Constable Loveridge said police would be relying to a large extent on information from Kozminsky about where the painting might end up. He said: "We have to liaise fairly closely with Kozminsky's and chase up leads that they get back to us with because the art community is a very tight-knit community, especially when you're talking about these prices. "Not many people can afford to buy this sort of painting. Whether or not it goes interstate straightaway, or whether it was stolen for an order, I don't know." The theft could well have been to order, he said. "There's heaps and heaps of paintings in there, some of them worth a lot more than this one. But they're a lot bigger. This one . . . was small, and it was targeted, I think, because for that size it's probably the most expensive one. I believe whoever's taken it would have to have known the value and the price of it." Senior Constable Loveridge appealed to the art community and the public to watch for the work. He said it would be more easily sold overseas. The head of the paintings department at auctioneer Leonard Joel said the loss of any McCubbin work was "a cultural diminishing" because McCubbin was a "pivotal artist" for Melbourne. "The likely scenarios are that it will be sold privately for a signicantly decreased value, far less than market value, and it will reappear five or six years down the track." He said that it could be sold to an "unsuspecting client".No reputable dealer or auction house, he said, would touch it." Kozminsky declined to comment on the theft. At the gallery yesterday, in the presence of staff, other works were resting unsecured against walls. Senior Constable Loveridge said he could not say whether the security guard who usually stands at the door of the store was on duty on Friday. The painting was in the gallery on commission and Senior Constbale Loveridge said the owner, who is from another state and whose name was not revealed, had been told of the loss. The painting was insured.

McCubbin was a founder of the impressionist Heidelberg School. Many of his works depict Melbourne and surrounding countryside around the turn of the century.

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