Louvre breaks record to buy €160 million paintings - Paris, France
Posted by: Groundspeak Premium Member Metro2
N 48° 51.666 E 002° 20.138
31U E 451271 N 5412227
Two Rembrandt paintings purchased.
Waymark Code: WMTTM8
Location: Île-de-France, France
Date Posted: 01/06/2017
Published By:Groundspeak Premium Member NW_history_buff
Views: 38

On February 2, 2016, The Local (visit link) reported the following:

"Paris: Louvre breaks record to buy €160 million paintings

The Louvre splashed out €80 million for its share of two Rembrandt paintings after France teamed up with the Netherlands for the deal worth €160million in total.
France and the Netherlands signed a historic deal on Monday acquiring two large Rembrandt portraits for €160 million ($174 million), the French culture ministry announced.

The agreement, signed by French culture minister Fleur Pellerin and her Dutch counterpart Jet Bussemaker seals the multi-million dollar deal agreed upon in September for two of the Dutch master's works.

The acquisition - costing the Louvre €80 million - is the largest ever made by a French museum.

The portraits, dating from 1634, are of prominent Dutchman Marten Soolmans and his future wife Oopjen Coppit, both wearing black with white lace on the eve of their marriage.

The ministry said in a statement that the two works will be unveiled at the Louvre "in the coming weeks" before being shipped off to the Netherlands for restoration.

The works will then be shared between the Paris museum and the Rijksmuseum in Amsterdam which both house some of the largest public art collections in the world.

France and the Netherlands acquired the paintings from the French branch of the Rothschild family, one of the wealthiest and most influential families in the world.
Over the past 150 years the public was only able to catch a glimpse of the valuable portraits during an exhibition organized in 1956.

The deal was reached after a series of twists and turns after the Louvre turned down the Rothschild's initial price in 2013."
Type of publication: Newspaper

When was the article reported?: 02/02/2016

Publication: The Local

Article Url: [Web Link]

Is Registration Required?: no

How widespread was the article reported?: regional

News Category: Arts/Culture

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