Gambling With A National Treasure

“The National Gallery has taken a giant gamble in its battle to keep Raphael’s Madonna of the Pinks in Britain, slashing by a third the amount it will offer to stop the picture going to the Getty Museum in California. Heritage lottery fund trustees must decide on the issue tomorrow… The gallery had become convinced that the heritage lottery fund would never meet its original bid for £20m. However, the gulf between the National Gallery’s potential £21m [with other funding sources included] and the Getty’s £29m still seems ludicrously wide.”