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from BBC

Stolen Mao Zedong scroll ‘worth millions’ found cut in half

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A stolen calligraphy scroll said to be worth millions has been found in Hong Kong, after it was cut in half.

Thieves had stolen the scroll by Chinese communist leader Mao Zedong from an art collector’s home in a burglary last month.

They then sold it at a fraction of its value. It was apparently cut up as the 2.8m-long (9ft) scroll was deemed too long to display, said Hong Kong police.

The original owner says the artwork’s value has been “definitely affected”.

The scroll contains stanzas of poetry handwritten by the founder of the People’s Republic of China. Its owner has claimed it is estimated to be worth around $300m (£230m), though it is not known how the valuation was obtained.

The scroll was stolen in a massive heist on 10 September, when three men broke into the home of Fu Chunxiao, a well-known collector of stamps and revolutionary art. 

They also made off with antique stamps, copper coins and other pieces of calligraphy by Mao. The total haul was worth HK$5bn ($645m; £500m) according to Mr Fu, who was reportedly in mainland China when the burglary took place.

[ click to continue reading at BBC ]

Posted on October 9, 2020 by Editor

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