The Louvre acquires 17th Century Painting “Saint Peter’s Denial” by Private Donors

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"Saint Peter's Denial," by French painter Antoine or Louis Le Nain, attributed to the 17th century Lorraine School, at the Louvre museum in Paris. The painting was purchased by a private patronage for 11,500,000 euros.(16,560,000 dollars). AP Photo/Michel Euler.

The French Ministry of Culture
and the Louvre have acquired the painting “Saint Peter’s Denial,” by French
painter Antoine or Louis Le Nain, attributed to the 17th century Lorraine
School.
The painting is the museum’s latest acquisition and was
purchased by a private patronage for 11,500,000 euros.(16,560,000
dollars).
The painting
“was found in an attic in Luneville” and sold at auction in Nancy on 19 March
2000. Estimated at 200,000 francs, it was acquired by the Parisian dealer
Charles Bailly for 9.2 million francs. The painting was denied an export permit
and was acquired by insurance company AXA.