UK Places Export Ban on £29 Million Raphael

April 5th, 2013

Raphael's Head of a Young ApostleThe British Government has placed a temporary export ban on a 16th century drawing by Raphael, in hopes that a British buyer will come forth to keep the work in the country.  Head of a Young Apostle (1519-1521) was sold at auction in December for £29 million, setting the auction record for a work on paper at three times its estimate.  “I hope that placing a temporary export bar on the Raphael will allow time for a UK buyer to come forward and secure this magnificent example of Raphael’s work for the nation.”  Says British Arts Minister Ed Vaizey.

Read more at The Guardian