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Arts Fund to bid for newly-discovered Michelangelo
The National Art Collections Fund has pledged £500,000 towards the purchase of Study of a Mourning Woman, a drawing by Michelangelo, priced at £7.5m. The gift - the Art Fund's largest ever towards a drawing - is to the National Galleries of Scotland, who urgently want to buy the work. The drawing dating from about 1500, was bought by Henry Howard, the fourth Earl of Carlisle, in London in 1747 and was found at Castle Howard, North Yorkshire, last year. Last year the charity gave £550,000 to the National Galleries of Scotland towards Botticelli's Virgin Adoring the Sleeping Christ Child. Similar campaigns have included the acquisition of Canova's the Three Graces (shared between the National Galleries of Scotland and the Victoria and Albert Museum). Sir Nicholas Goodison, chair of the Art Fund says that such a major campaign requires a rapid response: the Art Fund's £500,000 gift - one of the largest in our 98-year history - reflects our desire to see this noble and exquisite drawing saved for Scotland.
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