Lord Ashcroft

THE Conservative peer Lord Ashcroft has reportedly paid nearly £1.5m for the only double Victoria Cross awarded during the First World War.

LORD Ashcroft’s Victoria Cross collection – the largest in the world – is to go on public display following his £5m donation to the Imperial War Museum. The news comes as the museum has also received a donation from the Art Fund to purchase an important watercolur by Keith Vaughan (1912-1977) at auction.

Lord Ashcroft has been at the centre of a successful bid to recover 96 medals, including nine Victoria Crosses, stolen from a museum in New Zealand in December.

Spink are to put the unrivalled Victoria Cross collection of Lord Ashcroft on display in an 11-day exhibition in their main gallery in April. The exhibition is a forerunner to what is expected to become a permanent public display in two years’ time.