Italy buys rare Caravaggio portrait for €30m

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The Italian state has purchased a rare Caravaggio portrait of Monsignor Maffeo Barberini, later Pope Urban VIII, for €30 million. The acquisition, one of the largest sums Italy has paid for an artwork, is part of a government plan to preserve national cultural heritage and prevent major artworks from being acquired by private collectors. Painted around 1598, the portrait was previously held in a private collection in Florence and first exhibited publicly in Rome in 2024. The painting, one of only three known Caravaggio portraits, has been moved to the Palazzo Barberini in Rome, the historic home of the Barberini family, where it will be displayed with other works by the artist. The Culture Minister stated the purchase aims to make art history masterpieces accessible to scholars and enthusiasts.
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