The London livery company will also become a founding partner of the new museum which is due to open in West Smithfield in the City of London in 2022.
The museum is based at London Wall but will move to the new site which is being developed on at the disused West Smithfield market. Currently that location includes the Corporation of London’s salt store.
The new venue will be able to house the Cheapside Hoard – the collection of jewellery and gemstones discovered in London over 100 years ago. The Cheapside Hoard had its own dedicated exhibition at the Museum of London in 2013-14 and it will now have a permanent home.
The livery company, which received its first Royal Charter in 1327, will loan treasures from its own collection to the museum and a new gallery will be created that will bear its name.
Another £60m needed to reach target
The £10m donation follows a recent announcement from the City of London Corporation and Mayor of London, who together promised £180m.
This latest announcement means £60m is still needed to reach a funding target.
Judith Cobham-Lowe, prime warden of the Goldsmiths' Company, said: "We are thrilled to be playing our part in the new Museum of London as a founding partner. The Cheapside Hoard will be on permanent display alongside some of the best examples of the goldsmiths’ craft spanning over 450 years."
The Goldsmiths' Company’s is planning a programme of philanthropic activity in the decade running up to its 700th anniversary celebrations in 2027.
