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Did they get the restorer thru a trust a trader type website?
Evidence if it ever were needed, that rich people will pay extraordinary amounts of money to acquire nice things ( no value given in article, so could be wrong), but then won't pay for the proper necessary upkeep to maintain it.
Many years ago in the last millennium I used to underwrite HNW private individuals who'd think nothing of spending six figure sums on jewellery but tried to resist our requirements for basic security rules.