The announcement was made Monday by the resigning Minister of Culture Kelemen Hunor.
Initial news 13.05
One of the most significant masterpieces by Brâncuşi “Wisdom of the Earth” was put on auction.
The sculpture is valued at nearly 20 million and is part of a private collection in Bucharest.
The Ministry of Culture has been invited to make an offer.
Around 21 foreign specialists and major art collectors in the country are expected to take part in the event. Organizers are also taking into the possibility that the masterpiece might remain in Romania, if the State, through the Ministry of Culture will make an offer that will be accepted by its current owners.
The masterpiece is listed in the "Treasure" category of the National Cultural Heritage. The sculpture was made in 1907, at the same time with Kiss and Prayer.