Getty seeks to buy major Parmigianino (ctd.)

June 14 2017

Image of Getty seeks to buy major Parmigianino (ctd.)

Picture: ACE

Parmigianino's "The Virgin and Child with St John and Mary Magdalene" has been acquired by the Getty in LA from a UK private collection. The formal deferral period (begun last year) has finished, and since no UK institution has come forward to seek to match the £24.5m asking price, the export will now go ahead. It has been in the UK for the last 250 years, and is being sold from Sudeley Castle. The private treaty deal was brokered by Sotheby's.

It is of course sad that a picture like this has left the UK, but we can at least be sure that with the Getty it will be more visible than ever before. There are many other pictures on the export deferral list which institutions are making bids for, and we must hope that they are successful. We can't, alas, keep everything whilst still balancing the interest of private owners and public institutions. There's more in The Times here, which quotes yours truly.

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