Archaeo-blogger David Gill is making much of the fact that two lots have been withdrawn from auction based on the work of a confederate who combed through the April catalogues at Bonham's and Christie's.
Is that it? Bonham's has 496 lots in their two sales and Christie's has 199. Of course there are many lots with multiple objects but after their effort it appears at most only 0.288% of the objects appear problematical. Even then, appearance of the photos in the archive don't necessarily prove looting. But even assuming it does, that's still one-quarter of one percent of this particular market.
So what do these numbers really tell us? That an epidemic looting continues in Italy? Of course not. That auctions are filled with looted material? Of course not. Or that Italy long ago won its war on looting and its time to rethink the need for its MOU with the US? Most certainly.