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One recent morning, rain was falling on the chain-link fence that runs through the property, and snow was visible on the mountains to the south. There were signs to the showers. Men stood around in aprons and smoked.
Everything about the place tells you to look the other way. The freeport began, in , as a group of sheds near the waterfront. It was one of countless similar spaces around the world, where customs authorities allow duties and taxes to be suspended until goods reach their final destination. In time, however, the Geneva Freeport became legendary. Treasures came and they did not leave.
A generation ago, these goods were cars, wine, and gold. More recently, they have been works of art. Yves Bouvier was among the first to see the potential of the freeport as an adjunct to the art market.
A blond, compact man of fifty-two, Bouvier is the owner of Natural Le Coultre, a moving and storage company and the largest tenant in the complex. For more than a hundred years, the firm shipped everything from citrus fruit to industrial machinery; during the First World War, Natural Le Coultre supplied prisoners of war with Red Cross food parcels. Since , however, when Bouvier took over the firm from his father, it has handled only paintings and sculpture. Since , Natural Le Coultre has rented more than twenty thousand square metres in storage space and has had well over a million objects in its care.