Despite the economic downturn, Scotland’s National Gallery has vowed to raise the requisite $80 million to buy a famous Titian after its Scottish owner threatened to sell the work on the open market, possibly to a rich collector abroad, according to Scotsman.com.
The Scottish government, which chipped in to raise another $80 million to purchase a different work by the artist several years ago, has already said it would not be able to contribute to the current campaign to buy Diana And Callisto due to budget cuts.
But the country’s national gallery is planning to launch a fundraising campaign to appeal to major donors and the public in order to keep the painting in Scotland.
The two Titians are part of a collection owned by the Duke of Sutherland, who decided to put them up for sale after reviewing their worth in relation to his family’s assets, Scotsman.com reported. Together they are reportedly worth around $478 million, far more than the price offered to the national gallery.
Photo: Wikimedia Commons
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