The State exercises the right of first refusal to acquire a 17th century print auctioned in Madrid for 700 euros
07 Oct 2026Effective: 07 Oct 20263 views
Who is affected:
Auction house Greco Fine Art and Auctioneers and Patrimonio Nacional
Summary
The Ministry of Culture acquires a French 17th century print depicting the meeting between Felipe IV and Luis XIV, auctioned in Madrid. The purchase price is 700 euros plus VAT and expenses.
Detailed analysis
PRO
The Ministry of Culture exercises the right of first refusal recognized in article 38 of the Ley 16/1985 del Patrimonio Histórico Español to preferentially acquire a movable asset publicly auctioned. The asset in question is a French school print from the 17th century depicting the meeting between Felipe IV and Luis XI…
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