Close Menu
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds

Subscribe to Updates

Get the latest markets and assets news and updates directly to your inbox.

Trending Now

Why Surrealists Turned to Animals to Plumb the Human Psyche

August 28, 2026

UK government places export bar on £71m Rembrandt portrait – The Art Newspaper

August 28, 2026

As Right-Leaning Politicians Attack Cultural Institutions, a Basque Country Museum Director Believes in a Different ‘Vision of the Museum Worth Fighting For’

August 28, 2026
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
The Asset ObserverThe Asset Observer
Newsletter
LIVE MARKET DATA
  • News
  • Stocks
  • Bonds
  • Commodities
  • Collectables
    • Art
    • Classic Cars
    • Whiskey
    • Wine
  • Trading
  • Alternative Investment
  • Markets
  • More
    • Economy
    • Money
    • Business
    • Personal Finance
    • Investing
    • Financial Planning
    • ETFs
    • Equities
    • Funds
The Asset ObserverThe Asset Observer
Home»Art Market
Art Market

UK government places export bar on £71m Rembrandt portrait – The Art Newspaper

News RoomBy News RoomAugust 28, 2026
Share
Facebook Twitter LinkedIn Pinterest Email

The UK government has placed an export bar on a Rembrandt painting valued at £71m, making it “the most expensive object ever to be given national treasure status”, says the Department for Digital, Culture, Media and Sport (DCMS).

Portrait of Catrina Hooghsaet (1657) is “one of the artist’s most exceptional later works” says the government. The painting, which has been in the UK since the mid-18th century, was sold at Christie’s in a private sale last year. The painting by the Dutch master depicts Catrina Hooghsaet, a wealthy member of the Mennonite community in Amsterdam who unusually lived apart from her husband. The portrait also features her pet parrot, which was included in her will.

The export bar, which allows time for a UK gallery or institution to acquire the painting, will initially expire on 26 December, after which the owners will have 15 business days to consider any offers at the recommended price, followed by a second deferral period of nine months.

The work is otherwise at risk of leaving the country, unless a domestic buyer can be found to save it for the nation. “Cases like this remind us of the public value of museums having dedicated acquisition funds, as they used to,” says Bendor Grosvenor, an art historian and columnist at The Art Newspaper.

Arts Minister Ruth Mackenzie says in a statement: “The Portrait of Catrina Hooghsaet has been part of the UK’s cultural life for centuries. The scale, beauty and history of this masterpiece make it a priority for cultural partners, funders, philanthropists and lovers of Rembrandt to help this masterpiece keep its historical place in the UK.”

The DCMS decision marks the second time the painting has faced an export block. It was previously sold to another overseas buyer by Sotheby’s in 2015 for £35m. The new owner ultimately withdrew the export license application and loaned it to National Museum Wales in Cardiff for three years from 2016. The work had previously hung at Penrhyn Castle in north Wales since 1860.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Keep Reading

Why Surrealists Turned to Animals to Plumb the Human Psyche

As Right-Leaning Politicians Attack Cultural Institutions, a Basque Country Museum Director Believes in a Different ‘Vision of the Museum Worth Fighting For’

Collector and Patron Hasnaine Yavarhoussen Is Determined to Bring Madagascar’s Art Scene to the Rest of the World

Art fair Art-o-rama’s winning formula: low fees, young blood, bold ideas – The Art Newspaper

Germany’s 100-Year-Old Merz Academy Declared Insolvent

At Peter Marino’s Foundation, Centuries of Art History Devilishly Collapse into Each Other

Neolithic Figure Astride a Leopard Unearthed in Turkey: ‘Unlike Anything Seen Before’

Riverside Art Museum Appoints Vivian Zavataro as Next Executive Director

As New York Prices Artists Out, New Haven Is Drawing Them In

Recent Posts
  • Why Surrealists Turned to Animals to Plumb the Human Psyche
  • UK government places export bar on £71m Rembrandt portrait – The Art Newspaper
  • As Right-Leaning Politicians Attack Cultural Institutions, a Basque Country Museum Director Believes in a Different ‘Vision of the Museum Worth Fighting For’
  • Collector and Patron Hasnaine Yavarhoussen Is Determined to Bring Madagascar’s Art Scene to the Rest of the World
  • Lexolent’s Nick Rowles-Davies: How to access diversification potential of litigation finance

Subscribe to Newsletter

Get the latest markets and assets news and updates directly to your inbox.

Editors Picks

UK government places export bar on £71m Rembrandt portrait – The Art Newspaper

August 28, 2026

As Right-Leaning Politicians Attack Cultural Institutions, a Basque Country Museum Director Believes in a Different ‘Vision of the Museum Worth Fighting For’

August 28, 2026

Collector and Patron Hasnaine Yavarhoussen Is Determined to Bring Madagascar’s Art Scene to the Rest of the World

August 28, 2026

Lexolent’s Nick Rowles-Davies: How to access diversification potential of litigation finance

August 28, 2026

Art fair Art-o-rama’s winning formula: low fees, young blood, bold ideas – The Art Newspaper

August 28, 2026
Facebook X (Twitter) Instagram
© 2026 The Asset Observer. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.