Back in May 2013, the J. Paul Getty Museum in Los Angeles announced that it had bought Rembrandt Laughing, a 17th century self-portrait by the Dutch master, from the London-based art dealer’s Hazlitt Gooden & Fox. On Tuesday, July 16, 2013, it was revealed that Britain’s culture minister, Ed Vaizey, had delayed approval of the Getty’s application for an export license until October 15, 2013, a tactic usually used to give collectors and museums enough time to collect the funds necessary to keep an artwork in the country.
In 2007, Rembrandt Laughing was put up for sale at a small auction house in England and said to be by a “follower of Rembrandt” even though a number of dealers thought it to be an authentic work by the artist. Eventually, scientific tests and studies by a leading Rembrandt scholar confirmed the attribution, causing the work’s value to skyrocket. In order to keep the painting in England past October 15, a British institution interested in buying the work will need to raise around $25.1 million, the price the Getty has agreed to pay for it.
The Getty has run into trouble exporting works out of Britain in the past. In 1994, the institution was told that they could not have Antonio Canova’s sculpture Three Graces, after raising $12 million and waiting five years.
