Statement: The sale of the statue of Sekhemka
Published Thursday, 10 July 2014
The limestone statue of Sekhemka from the Northampton Museum & Art Gallery collection has been sold at auction by Christie’s of London for £15,762,500 (£14 million plus the buyer's premium)
Northampton Borough Council will retain around £8million (55 per cent of the proceeds), while the remainder will be remitted to Lord Northampton (around £6million).
The money will be invested in a major extension of Northampton Museum and Art Gallery, which will double the size of the exhibition space and create new galleries, teaching facilities and commercial space.
Work has already begun on drawing up detailed plans for the extension, which will underpin the growth of Northampton’s Cultural Quarter. The Borough Council is in the process of developing a funding package to take the extension forward, including putting together a bid for support from the Heritage Lottery Fund. The Council is also continuing to talk to the Arts Council about museum accreditation.
Cllr David Mackintosh, Leader of Northampton Borough Council, said: "This money will allow us to realise our exciting plans for the future of the Museum Service. Every penny is ring-fenced for the Museum Service and we will now make our museum redevelopment plans a reality."
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