In the context of Still Life with Profile of Laval, analyze the Acquisition of the Historical information.
Still Life with Profile of Laval was acquired in 1998 as part of a collection of Gauguin and his Pont-Aven coterie. Samuel Josefowitz, a Swiss collector, amassed the 17 paintings and 84 prints, worth an estimated $30 million. The Lilly Endowment raised $20 million toward that goal with a challenge grant. The remainder was raised by the IMA, with an undisclosed amount being given by Josefowitz himself, a museum trustee. Josefowitz also donated all the prints for free. He acquired the Pont-Aven collection in the 1950s and '60s, before that period's importance in Gauguin's development was fully appreciated. This particular painting hangs in the Jane H. Fortune Gallery and has the acquisition number 1998.167.
Pont-Aven coterie Lilly Endowment Pont-Aven