|Facing four-year restoration after 80 years buried in the basement of Yale University.|
Painted about 1617, the discarded Diego Velazquez was donated by two New Haven, Conn. brothers to Yale in 1925.
The painting remains on show at the Yale Art Gallery through 20 Feb. Banco Santander will also fund 20 to 40 fellowships worth an estimated $200,000 a year for three years to develop strategic partnerships with the Yale community..
Experts from Yale and the Prado Museum in Madrid jointly shall restore the work.
In a related development, the Metropolitan Museum of Art in New York City recently attributed a portrait of Spanish King Philip IV to Velazquez. But the verification of authenticity emerged only after restoration.
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Stefan, the ArtTraveler(TM).