Earlier today at Sotheby’s sale of Scottish Art the School’s The Cheval Glass by F.C.B. Cadell was sold for £220,000.
The proceeds of the sale will go to the George Watson's Family Foundation, which provides bursaries for pupils to attend the School where their family circumstances would not otherwise permit it.
Principal, Melvyn Roffe, who witnessed the sale said, “The value of the painting has increased beyond all measure since it was donated to the School in 1958. After considerable discussion, the Governing Council came to the conclusion that they could not justify holding on to such a valuable work, given the cost of insurance and security that ownership involves. I am delighted that the sale will enable a significant number of pupils to attend the School where their family circumstances would not otherwise permit it, and the high quality reproduction that we have commissioned means that the Watson’s community will still be able to enjoy what is a remarkable work of art.”
George Watson’s College is committed to sharing works of art, photographs and manuscripts which belong to the School and currently have works from their collections on loan to the following institutions: The National Galleries of Scotland, The National Library of Scotland, and The National Museums of Scotland. There are no plans to dispose of any works currently with these institutions or any of the works that are at the School itself.