The story begins in the 90s when France, England and MadridSpain disputed the huge art collection of Baron Thyssen (Pr.Charles alledged was involved on the british candidacy).
In 1993, the Baron eventually would sell 775 pieces of his collection to Spain for the modic price of 350 million dollars.
The spanish state ceded the Villahermosa Palace to host the artworks and aside from the Baron collection, his wife, the socialite Tita Cervera, took the lift and hosted there her private collection of 429 works as a free loan –apparently now they are worth 800 million dollars.
The agreement ended last January and the baroness threatens to take her own collection if an arrangement wouldn’t be fixed with the spanish state.
The Baroness wants to be free of disposing of her paintings and exhibit them abroad and out of Madrid.
She claims she prefers to have the whole collection together and she would have no problem in extending the loan, provided the state agrees that she could have c. 60 pieces for those foreign exhibitions, something she claims the former Museum director always allowed, but the present one does not.
Sources near the government claim what the Baroness really wants is to be free to sell pieces of her collection at her pleasure as she has done in the past (after all, they belong to her, right ?) having sold a Constable in 2012 by c. € 28.000.000.
The baroness said she needed the cash and that the previous agreement allowed her to sell up to 10% of her collection.
The Culture Minister wants that the agreement would prevent her from selling the more importante pieces of her collection which include a Renoir, a Gauguin, a Monet or a Goya.
Next March, Baroness Thyssen will open a new museum in Andorra, the third with her name.
A couple of years ago, the richissime family caused some turmoil when (at least her son) declared they were going to live in Andorra for tax advantages.