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UK Places Export Bar on £71m Rembrandt Portrait

It creates a time-limited process for museums, funders and philanthropists to raise about £71.7m to buy Portrait of Catrina Hooghsaet for public display.

Overview

  • The UK government placed a temporary export bar on Rembrandt’s Portrait of Catrina Hooghsaet this week, deferring any export decision until 26 December 2026 to give domestic buyers priority time to act.
  • Officials set a recommended purchase price of £71,696,324.90 plus VAT and said owners will have 15 business days after the deferral to consider any offer at that price.
  • The Reviewing Committee advised the bar after ruling the painting met all three Waverley criteria, citing its long UK provenance, exceptional late-Rembrandt quality, and value for study of 17th-century social, gender and religious history.
  • The work has been in Britain since the mid-18th century, was sold privately via Christie’s in 2025, and previously faced an export review in 2015 when it was later loaned to National Museum Wales.
  • Museums now face the practical challenge of raising a record sum, a task that will test public acquisition budgets and likely require major philanthropic support or an Option Agreement that could extend the buying window by nine months.