National Galleries of London and Scotland join forces to secure Bridgewater Collection

Titian: Diana and Callisto

Titian: Diana and Actaeon

National Galleries of London and Scotland join forces to secure Bridgewater Collection

August 28 2008 – National Galleries of London and Scotland want to secure The Bridgewater Collection, of one the greatest collections -if not the greatest- of old masters paintings in private hands. theartwolf.com has been studying this story for years, as you can see in these articles: Saved Masterpieces and Best Private Art]]>

August 28th 2008 – The National Galleries of Scotland and the National Gallery, London are working together with the Duke of Sutherland to secure the long-term future of the Bridgewater loan of Old Master paintings.

The Bridgewater Collection, currently on view at the National Gallery of Scotland, is the most important private collection of Old Master paintings on loan to an institution in the UK and counts among the most important art collections anywhere in the world.

The loan includes masterpieces by artists such as Raphael (3), Titian (4), Rembrandt (1) and Poussin (8). The pictures have been on continuous public view in the National Gallery of Scotland since the collection was placed there in 1945 by the then 5th Earl of Ellesmere, later 6th Duke of Sutherland. It forms the core of the National Gallery of Scotland’s world-famous displays of European art.

Over the years, the Bridgewater Collection has grown in value to the point where the Duke of Sutherland has decided that it would be prudent to review the holding in relation to the family’s overall assets, and he has therefore decided to offer a small number of selected pictures for sale to the nation, reflecting his strong preference that the entire collection should remain on public view in the UK. The Duke has offered the opportunity for the galleries to acquire two masterpieces on extremely generous terms: ‘Diana and Actaeon’ and ‘Diana and Callisto’, both by Titian.

Titian’s ‘Diana and Actaeon’ is on offer at a net price of £50m. The National Galleries of Scotland and the National Gallery, London will be seeking funds to acquire this work which would then be available for display on a rotating basis in London and Edinburgh. Assuming the funds can be raised to enable this purchase to proceed, the two Galleries will also be granted an option to acquire the second picture, ‘Diana and Callisto’ in four year’s time for a similar amount. If the effort to acquire these works is successful then the remainder of the Bridgewater Collection will remain on long-term loan at the National Gallery of Scotland.

The two Titians are arguably the finest works in the Bridgewater Collection. They were both painted as part of a cycle of works for Philip II of Spain and they represent a highpoint in Italian Renaissance art.