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National Land Fund (Lord Rosebery's Treasures)

Volume 931: debated on Tuesday 3 May 1977

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asked the Chancellor of the Exchequer if he will specify the separate individual amounts paid from the National Land Fund to the Commissioners of Inland Revenue in connection with the acceptance from Lord Rosebery in satisfaction of estate duty of each of three items, namely, (a) painting by Thomas Gainsborough of "Greyhounds coursing a fox", (b) bureau cabinet bearing monogram of Augustus III of Poland and (c) seventeenth century Franco-Flemish ebony and gilt bronze cabinet.

The amounts to be paid from the National Land Fund are as follows:

  • (i) eighteenth century bureau cabinet made for August III of Poland, £272,000;
  • (ii) seventeenth century ebony cabinet traditionally associated with Marie de Medici, £121,000;
  • (iii) painting by Thomas Gainsborough "Greyhounds coursing a fox", £83,250.