Getty Museum

The National Art Collections Fund (Art Fund), has offered a £400,000 grant to the National Gallery in their bid to secure Raphael’s The Madonna of the Pinks for the collection. The painting, sold by the Duke of Northumberland to the Getty Museum in California, is subject to a temporary export bar of one month, with a potential further six months extension, to give the National Gallery the chance to raise the £29.5m needed to keep it in the country.

THE second week of London’s prestige midsummer sales saw the Modern given way to the traditional with a flurry of exceptional prices for Old Master paintings and drawings and Renaissance works of art.