The Met just purchased an exemplary Renaissance roundel for $23 million, marking the second most expensive acquisition in history:
The Met Just Purchased an Exemplary Renaissance Roundel for $23 Million—the Second Most Expensive Acquisition in Its History
The Metropolitan Museum of Art in New York has acquired a $23 million bronze roundel, the institution announced today. The piece, purchased from Daniel Katz Gallery in London, represents the second most expensive acquisition in the institution’s 152-year history. “It is a truly transformational acquisition for the Met’s collection of Italian Renaissance sculpture,” he added.
The U.K. government’s Reviewing Committee barred the roundel’s export, and the V&A was given the opportunity to raise the £7 million required to keep the piece in the country. By the time the museum did so, Sheikh al-Thani had withdrawn his application for an export license. The roundel, therefore, remained in the U.K., but still belonged to the Sheik.
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