Acquisition file

Details of pictures from the Estate of the 6th Earl of Roseberry which are suggested as potential bequests in lieu of Estate Duty. The Treasury asks Michael Levey (in his capacity as expert advisor) for his opinion on the valuation of these works and his view on whether the pictures are indeed of pre-eminent importance. Levey replies with his views on each of the pictures, stating that the National Gallery would be very interested in acquiring the Drouais. Letter from Cecil Gould to A.D. Heskett, secretary of the Standing Commission on Museums and Galleries, explaining that the National Gallery Trustees are in agreement on the importance of acquiring the Drouais, which is the only picture from the Earl's estate that is of interest to the Gallery. Heskett replies stating that he will note the Gallery's interest in the picture.

Letter to the Earl of Roseberry from John Hale, Chairman of the Trustees, expressing disappointment at the withdrawal of the offer of the portrait of Madame de Pompadour and strongly urging Roseberry to reconsider his decision, 5 May 1977; letter from Allen and Overy (solicitors) confirming the agreement to sell the portrait to the National Gallery by private treaty, 19 May 1977; reply from Michael Levey enclosing a cheque for £385,000 dated 20 May 1977; press release announcing agreement of sale 19 May 1977. Correspondence relating to the Treasury decision not to accept Roseberry's portrait of de Pompadour when offered a second time in lieu of tax. Summary of developments surrounding the de Pompadour portrait provided in an appendix.