Who'll buy £30m Pontormo portrait? (ctd.)

February 20 2017

Image of Who'll buy £30m Pontormo portrait? (ctd.)

Picture: ACE

In The Art Newspaper, Martin Bailey has some extra snippets on the Pontormo saga, including the fact that the National Gallery offered the US owner an amount above the £30.6m they were required to raise to make a 'matching offer'. We don't know what the amount was, but the offer was still rejected. Consequently, the export licence has been formally rejected, and the painting will now stay in the UK for at least the next decade.