The State exercises its right of first refusal on a seventeenth-century portrait auctioned in Madrid
07 Sep 2026Effective: 07 Sep 202653 views
Who is affected:
Auction houses, collectors and art market with Spanish historical heritage assets
Summary
The Ministry of Culture acquires for €40,000 an oil painting from the seventeenth century attributed to Cristóbal de Villalpando auctioned in Madrid, exercising its right of first refusal to preserve it at the Museum of America.
Detailed analysis
PRO
The Ministry of Culture exercises the right of first refusal recognized in Ley 16/1985 del Patrimonio Histórico Español on an oil on canvas from the seventeenth century attributed to Cristóbal de Villalpando, portraying the VI Duke of Veragua. The work was auctioned on June 30, 2026 at the Fernando Durán auction house …
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