Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Patient Louvre Secures €7.8m Work After 12 Year Negotiation

January 13, 2012 by Marion Maneker

The Louvre just spent €7.8m to buy a 14th Century work by Jean Malouel entitled “Christ of Pity carried by St John”, according to Le Figaro. Jean Malouel, born in Nijmegen (now the Netherlands) before 1370 and died in Dijon in 1415, was the official painter of the Duke of Burgundy Philippe the Bold in 1400.

“Christ pity supported by St. John” was acquired after twelve years of discussions with a dealer in the central region, said Vincent Pomarède, director of paintings at the Louvre . For him, this is “the major acquisition of the last fifty years for the museum,” in painting. “It’s really the original nucleus of French painting,” he said. 

The work had been bought from a local priest in 1985 when it was covered with dirt. The seller of the work is paying the town of Vic-le-Comte where the work was found€2.3m to give up its claims to the work.

The Louvre is funding the acquisition through a donor who will get a tax benefit.

Le Louvre s’offre un chef d’œuvre (Figaro)

More from Art Market Monitor

  • Louvre Abu Dhabi Announces Acquisition of £9.48m Rembrandt StudyLouvre Abu Dhabi Announces Acquisition of £9.48m Rembrandt Study
  • Christie’s Has Richard Feigen Collection in MayChristie’s Has Richard Feigen Collection in May
  • Christie’s Sells £11.4m Leyden Drawing to Benefit Rugby SchoolChristie’s Sells £11.4m Leyden Drawing to Benefit Rugby School
  • Getty Buys Previously Unknown Quentin Metsys PaintingGetty Buys Previously Unknown Quentin Metsys Painting
  • Christie’s to Sell Shickman Collection Led by Spanish Still LivesChristie’s to Sell Shickman Collection Led by Spanish Still Lives
  • Sotheby’s Has Two Caspar David Friedrich Works in DecemberSotheby’s Has Two Caspar David Friedrich Works in December

Filed Under: Museums Tagged With: Old Master

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor
 

Loading Comments...