Van Dyck update (ctd.)
March 26 2014
Picture: Philip Mould Ltd
So, with belated apologies for the rather sparse blogging recently, let me be the first to tell you about what I've been working on over the last week or so: a new deal to help the National Portrait Gallery's campaign to acquire Van Dyck's final Self-Portrait (above). The target price has now been reduced from £12.5m to £10m. Here's a statement from the NPG:
The Art Fund and the National Portrait Gallery are pleased to announce that the campaign to save Van Dyck’s self-portrait for the nation has received a significant boost. Following discussions between the owner of the painting, Alfred Bader, the art dealer Philip Mould, and the collector, James Stunt, the National Portrait Gallery now has the opportunity to purchase the work for £10 million.
This new offer gives the Save Van Dyck campaign, which has four months remaining and originally needed to raise £12.5 million, an improved chance of ensuring that the portrait remains on public display forever. The application process for an export licence has also now been halted.
To date the campaign has raised £3.6 million, with contributions already made by more than 8,000 members of the public. The campaign has until 20 July 2014 to raise the remaining funds.
Some explanatory quotes - here's one from Mr Stunt:
‘When I agreed to buy this great portrait I didn't expect the huge swell of public opinion and the strength of emotion its export would generate. In light of the people's passion to purchase the Van Dyck for the nation I have carefully reconsidered my position and have decided, with Dr Bader and Mr Mould's agreement, to withdraw from the process. I trust that my withdrawal, together with the reduced price at which the painting is now being offered, will see the appeal succeed and that Van Dyck's final self portrait will permanently hang in the National Portrait Gallery.’
Here's what my employer, Philip Mould, had to say:
‘Watching the public reaction to Van Dyck’s Self-portrait develop in this unprecedented way has been amazing, and, for this lover of British historical portraiture, reassuring. The picture has become an iconic focal point, and for many the thought of it going to the United States would be like losing a chunk of Stonehenge. I am delighted to be able to help the National Portrait Gallery’s campaign in this way.’
And here's what the Bader family had to say:
‘Alfred Bader CBE, an established philanthropist on both sides of the Atlantic, has been impressed by the public’s response to the painting, and the efforts that both the Art Fund and the National Portrait Gallery have made to keep the picture on public display. He very much hopes that the National Portrait Gallery is able to complete the rest of its fundraising challenge.’
And, for what it's worth, here's what I have to say. Regular readers will know that previously I've had to tread carefully (here and here, for example) when it came to the NPG's campaign. Van Dyck is my favourite artist, and I'd naturally like to see his final Self-Portrait stay in the UK and on public display. But my responsibilities towards our clients meant that I couldn't be as much of a cheerleader for the campaign as I'd liked. Now that Mr Stunt is no longer buying the picture, and Dr Baders and Philip Mould have agreed this new plan in favour of the NPG, however, all efforts can be focused on the Gallery's fundraising. I'm pleased with the outcome.
Update - here's The Guardian's take.
Update II - a reader writes:
Good luck!! I can understand why it might be less (or less widely) appealing than, say, the big Titians, but it really is a lovely painting, not to mention a jewel for the Portrait Gallery historically.