UK imposes export bar on £71m Rembrandt portrait
The UK government has placed an export ban on Rembrandt's 'Portrait of Catrina Hooghsaet' from 1657, which is valued at an impressive £71 million. This makes it the most expensive piece ever designated as a national treasure, according to the Department for Digital, Culture, Media and Sport. This artwork has been part of the UK since the 1700s and was sold privately at Christie's last year. The export ban lasts until December 26, giving UK institutions a chance to buy it. If no one steps up, the owners will have 15 business days to consider offers, plus a nine-month extension. Arts Minister Ruth Mackenzie and historian Bendor Grosvenor emphasized the need for museum funding to keep such cultural treasures.
Key facts
- Export bar placed on Rembrandt's 'Portrait of Catrina Hooghsaet' valued at £71m
- Painting is considered the most expensive object ever given national treasure status
- The painting has been in the UK since the mid-18th century
- Sold at Christie's in a private sale last year
- Export bar initially expires on 26 December, with a 15-day consideration period and a nine-month deferral
- Previously sold by Sotheby's in 2015 for £35m, but export license application was withdrawn
- Loaned to National Museum Wales in Cardiff for three years from 2016
- Painting hung at Penrhyn Castle in north Wales since 1860
Entities
Artists
Institutions
- Department for Digital, Culture, Media and Sport (DCMS)
- Christie's
- Sotheby's
- National Museum Wales
- The Art Newspaper
- Arts Council England
- National Museum Cardiff
- Klesch Collection
- Victoria and Albert Museum
- Louvre Abu Dhabi
- Department of Culture and Tourism – Abu Dhabi
- Reviewing Committee
- Waverley Committee
- National Portrait Gallery
- Getty Museum
- Reviewing Committee on the Export of Works of Art and Objects of Cultural Interest
- Artnet News
- Ashmolean Museum
- Penrhyn Castle
- Art Fund
- Amgueddfa Cymru
- Penrhyn Settled Estates
Locations
- United Kingdom
- Amsterdam
- Cardiff
- Wales
- Penrhyn Castle
- London
- Kent
- Mereworth House
- Abu Dhabi
- Netherlands
- Hong Kong
- Oxford
- North Wales