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Export bar placed on Raphael

08 April 2013Written by Alex Capon

Two items from the Chatsworth collection that sold at Sotheby’s in December have been placed under a temporary export bar, allowing public bodies or private individuals the chance to raise funds to keep them in the UK.

One is Raphael's drawing Head of a Young Apostle that sold for £26.5m hammer to an overseas buyer, although the funds required to match the purchase price would be £29.7m due to the additional buyer's premium.

A similar export ban was placed on another Raphael drawing, Head of a Muse, that was knocked down for £26m at Christie's in December 2009. Reportedly purchased by American collector Leon Black, the drawing was eventually allowed to leave the country after no UK-based purchaser came forward.

The other item from Chatsworth now subject to an export bar is the 15th century illuminated manuscript The Deeds of Sir Gillion de Trazegnies in the Holy Land, which sold to the The J Paul Getty Museum for £3.4m at Sotheby's.

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Written by

Alex Capon

Tags

Raphael

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