Unexportable Velázquez sells for €4.27m

March 3 2022

Image of Unexportable Velázquez sells for €4.27m

Picture: abc.es

Posted by Adam Busiakiewicz:

The aforementioned portrait of an unknown gentleman attributed to Diego Velázquez achieved €4.27m (inc. commission) at the Abalarte auction house in Madrid yesterday. Two collectors were said to be involved in the final few bids. Furthermore, the new owner will have to keep the work in the country as it was declared an Asset of Cultural Interest by the authorities in Madrid in 2007.

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