French Minister of Culture Franck Riester said the country will have 30 months to raise the funds to purchase the painting.
Riester said he made the decision following the opinion of the country's advisory committee on national treasures and intends for the work to be kept at the Louvre, where another painting by Cimabue,"Maestà," is held.
When"Christ Mocked" was up for sale earlier this year, it was the first time a work by Cimabue, a 13th-century pre-Renaissance painter also known as Cenni di Pepo, had ever been auctioned. It also set a world record for the sale of a primitive or a pre-1500 work, according to Acteon Auction House.reported that Chilean collectors from the United States who specialize in Italian masterworks outbid the Metropolitan Museum of Art in New York for the painting.
The auctioneer who led the sale, Dominique Le Coënt, also told Le Monde his only hope now is that the country will have the funds to make the purchase. The woman who owned the painting died shortly after the sale, and her heirs have to pay almost $10 million in inheritance tax, he said. The work was estimated to sell for $4.4 million to $6.6 million at the time. When it sold for $26.6 million, the woman who owned it was to receive the majority of the sale money, the auction house said.
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