July 15, 2024

AndronETalksNews

AndronETalksNews

Dutch State to allocate up to €150 million to acquire Rembrandt’s Standard Bearer

NL Times

WEDNESDAY, DECEMBER 8, 2021 – 13:01

The Dutch State is prepared to allocate up to 150 million euros to acquire a painting by Dutch artist Rembrandt van Rijn. The 1636 work known as De Vaandeldrager, or “The Standard Bearer” in English, is expected to be sold off by the Rothschild family, which has had the work in its possession since Jacob James de Rothschild purchased it in the 1840’s for £840 at Christie’s in London. 

Rijksmuseum director Taco Dibbits said on Tuesday that the museum was prepared to “go to extremes” to acquire the work when it hits the market. A day later, the Ministry of Education, Culture and Science said it has political support to earmark 150 million euros to that end.

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