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London's National Gallery buys mysterious altarpiece for $20m (theartnewspaper.com)
59 points by giuliomagnifico 2 days ago | hide | past | favorite | 62 comments





An important detail missing from the headline is that the painting has been dated to be from 1500-1510.

> Dendrochronology has dated the felling of the oak tree of the panel to 1483, which, accounting for the seasoning of the wood, suggests a date for the painting of soon after 1500.

Sounds like they have only dated the wood in the frame to 1500. Hopefully they will do some more research and get more proof.

For reference, Han van Meegeren used old frames and old canvases to forge his works. The article on his career is fascinating.

https://en.wikipedia.org/wiki/Han_van_Meegeren


Yes, I thought it was a modern piece and already started thinking it was some kind of scam.

It does look AI generated a bit actually, quite funny

Indeed. Ahead of its time...

same. I thought it was going to be some PR twist on an org caught being involved in the money laundering that blatantly goes on in the art world.

How rare paintings from 1500+ really are? I am genuinely asking. Some old artifacts (ie: 3000 BC) are valuable, but most artifacts are not. And there is literally tons of very old artifacts.

It makes me sad that Londons fabulous (and free) galleries have warehouses full of masterpieces that they have no space to display, yet my local museum has a gallery with not a single decent painting. I wish more of those great works could be shared around.

The National Gallery loans paintings to other galleries and museums, but it does require the receiving gallery to have suitable climate control, security and so on.

https://www.nationalgallery.org.uk/about-us/partnering-with-...


The Victoria and Albert museum is about to open a new building in Stratford, which is a public storeroom. https://www.vam.ac.uk/east

I worked at the British Museum and there were rooms upon rooms of priceless objects. I remember a golden Buddha with the tags and wrapping still on it from Sotheby’s in the 1920s.

At that time, you could also just check out a piece and leave a little card there saying you’d taken it.


I would imagine that security would be a big issue.

I'd argue there already is ample distribution of masterpieces via the internet on various social media / image sharing platforms.

A painting seen in person can leave a wildly different impact than scrolling by it on your phone. Both are important IMHO.


Well that's intriguing. Can you say more?

If I look at this painting on my phone, what I'm experiencing is radically different to the patron of 1500-whatever looking at the altarpiece. My experience is physically different, for a start, and perhaps more insidiously, other people, in control of my experience, can change my emotional response to it (see "Kuleshov effect"). Imagine seeing the image preceded by some doom scrolling on your phone concerning religious sectarian atrocities, say, vs it being preceded by a story about nuns helping children. You are not engaging with the work, you are engaging with an image of the work. And that image has been edited, curated, and positioned by someone for you.

One might also note that even seeing an artwork like this in the modern public galleries that we have is quite odd. Altarpieces invite repeated contemplation by the worshippers in a church, over a long time. Maybe you grow up liking the look of baby jesus but as an adult start to notice and think that Mary is smiling down on you in your troubles. In a gallery, you shuffle along in a sea of people, and get a few seconds to look at the piece before your attention is captured by another piece in the same room.


Oh no, seeing a masterpiece on screen makes you say, 'oh that's nice'. Seeing the real thing, 6 feet wide, the texture, the light, can be truly stunning.

But if it’s so nice… why aren’t there enough people (donors/ticket buyers) willing to pay the cost for freight, security, and full coverage insurance?

Looks pretty normal until you look at the bottom. Wow.

That's just their pet dog. What do you mean, yours doesn't look like that?

The faces are exceedingly like the uncanny early AI-generated smears.

Apart from the crazy dog, the style has similarities to "Virgin and Child Surrounded by Angels" by Jean Fouquet[1], from a somewhat similar era (1452). If you search for "Early Netherlandish paintings" you'll find more, so it's not outrageous for the time. I'm sure people who know their art history (not me) can point towards even much closer ones.

[1] https://en.wikipedia.org/wiki/Melun_Diptych#/media/File:Fouq...


It really does. But we are assured by experts that the painting is by a master.

Something a little different. As someone who does a little woodworking, is that dovetailing on the LHS of that wooden draw/boxlike contraption at the bottom? Unfortunately, there's not quite enough resolution in the photo to tell.


I can't help but think it's a waste of money, how many paintings of Mary and ugly baby Jesus do you need?

>how many paintings of Mary and ugly baby Jesus do you need?

I had a laugh at that comment. I visited London six months ago and spent an evening at the National Gallery, including the self-guided audio tour. As I wrote in an email at the time,

"I'd guess at least a third of the paintings I saw, often from Italian artists, were about Jesus being born, being circumcised, or being crucified and resurrected, along with lots of stuff about Mary, Joseph, John the Baptist (Jesus' cousin, I guess), etc"


The painting won't lose its value so the money isn't gone - it's just painting-shaped.

I'm not downvoting you, because this is a common economic misconception, and I'm sure your opinion is shared by many.

Money is never wasted.

While the long explanation is some what technical and boring, the short version is this;

"Money is neither created nor destroyed, it simply moves from one hand to another".

Put another way, the National Gallery had 20 mil to spend. So they spent it. That 20 mil us now in the economy, and will travel further. The family that sold the painting might need a new roof, or a tractor, or whatever. They in turn spend the money and it flows.

An economy is just the flow of money. An economy stalls when the money stops flowing and is hoarded.

Fundamentally you want rich people to spend their money. On "what" is mostly irrelevant.

Here's another simplistic example. The US produces a surplus of wheat. USAid buys a lot of that wheat (using tax money) which is thus a round-about subsidization of wheat farmers. This is prudent because local food security, ie having farmers at all, is a good thing.

Now USAid have a pile of wheat, so they donate it to countries that can't afford it. This buys US prestige, both with those countries and their neighbors.

Now USAid stops. The govt "saves money". Farmers loose their subsidy. Long-term US citizens lose their food security.

Money itself has no value. Spending that money has value. Because only by spending it can you realize that value.


Reminds me of a visit of a garden restaurant in Munich, back in the days. My friend ordered a soup, but got a beer. Pointing out the mistake to the waiter, he was told that it doesn't matter, because the price is the same.

This destroyed all my preconceptions about Germany!

Mind sending me all your retirement savings? I'll even give you a pretty sweet drawing for it. It wont be money wasted[1]; I'll be sure to use it well.

[1] not sure how much you will be able to sell said sweet drawing for nor when, but by definition, it will be worth it.


Alas, I am not a gallery, and thus I don't make an income displaying drawings. I encourage you to target your sales at those best placed to profit from your product.

So from my perspective, I can getter better value moving my cash to dome other suppliers.

But even if I did buy your sweet drawing, the money itself us not wasted (I personally just control less of it.) The same money would now be controlled by you, and I'm sure you'll spend it, thus benefiting others.

The money itself cannot be wasted, it merely moves from one set of hands to another.

My personal control of money can indeed be wasted, since I can transfer it to another for insignificant value. But that's simply my control, not the money itself.


I already spent my retirement savings. I used them to buy index funds and some shares. I think the companies will use my money better than you would, at least in the sense they will give me a return on my investment.

So, sorry they're all gone already!


$10 billion of Apple shares are bought and sold each day. How much of that do you think goes to Apple?

The 20 million could have been used to help many more people than a single family though.

But if I understand correctly it's not taxpayer money


It will be dispersed to more thsn a single family. That's the point.

In this case specifically it's unlikely the family sold an asset simply to buy another asset. They've had it a few hundred years, and the gallery has had their eye on it for decades. It's likely they sold it cause they needed the cash, for a new roof or whatever.

If they spend it, then those people providing the goods and services will prosper. If they invest it in a business, then that business has capital to grow, and all those employees will benefit.


"But if I understand correctly it's not taxpayer money"

How does that work (I'm not in the the UK)? Donations perhaps?


From the article: “ The Virgin and Child with Saints Louis and Margaret and Two Angels was bought for just over $20m (around £16m at the time), funded by the American Friends of the National Gallery London.”

Regardless of where it came from this time, it's a charity, not some sort state gallery department funded by the treasury.

> "Money is neither created nor destroyed, it simply moves from one hand to another".

With regards to how money is created, you may want to read on credit and how banks create money virtually out of nothing, or how the state has a monopoly on printing money (turning "not money" -- paper and ink -- into "money").

The destroying part is much simpler: you can perform an experiment of burning a banknote yourself.


But this money won’t probably be spent further in any ”productive” way, they will be locked in some financial tools that will only help extracting funds from the real sector, which is what one probably really cares about when they say that “money should work”. It’s not similar to a government investment in building a bridge which, while it’s also spending state money, creates ripples of economic activity involving thousands of people and dozens of industries.

The seller now has 20 million to spend. The money just moved from A to B.

Most likely they will not be spent, rather they will be put into some fund with the only observable effect of further increasing financialization.

That is a very broad generalization. Even if it was 'put into some fund', that equates to a capital investment which can be used to deliver value elsewhere.

Money is complicated - the only way in which I would see it get truly wasted is if you took it out as cash and burnt it. Even then you'll be (marginally) raising the value of all other money left in the system.


There was a line from a movie: "You had all that money in the stock market. What happened?" "Oh, the money's still there; it just belongs to someone else now."

When the last tree is cut, the last fish is caught, and the last river is polluted; when to breathe the air is sickening, you will realize, too late, that wealth is not in bank accounts and that you can't eat money. -- Alanis Obomsawin


Ugh. It looks like an early AI hallucination produced while trying to generate religious art in the style of the Iron Maiden's Dance of Death album cover (possibly the ugliest album cover ever).


It's like a PS one game cd cover. I instantly knew it was released in the early 00's just by glancing it.

Yes.

Haha, check Scorpion's Fly To The Rainbow: https://en.m.wikipedia.org/wiki/Fly_to_the_Rainbow

Thought that one was the ugliest, until now.


You were not exaggerating.

What a bizarre piece!

Original headline: "London's National Gallery buys mysterious altarpiece for $20m"

The artist is literally unknown, not just "not yet famous", which is how I first read the HN headline. It's centuries old.


AFAIK it's not at all uncommon for artists of old paintings to be unknown. Especially for religious paintings like this. (if anything it's the default)

For instance: https://en.wikipedia.org/wiki/Master_of_the_Golden_Altar

Wikipedia even has a list listing many 'Master of X' artists: https://en.wikipedia.org/wiki/Category:Anonymous_artists


Oh yes maybe my fault, I meant unknown as really unknown, not “less famous”.

Note that articles should be submitted with the original title:

https://news.ycombinator.com/newsguidelines.html


I also read it like GP and thought this might be a piece about some shady art dealing :)

I think a common way to describe such authors is "anonymous" although that has its own shade of confusion (did they intend to be unnamed?)


I wrote "unknown" because anonymous could be thought of as a donation or someone still alive but anonymous. In this case, it is truly "unknown”

Anyway, mods can edit the title if this causes misunderstandings!


When I read that headline I really assumed it was about another case of nepotism - after the Zoe Law drama some time ago. Glad to hear it's not that.

Same. Thought this was just another tax scam.



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