Overview
- The Treasury has provisionally approved an estimated £800 million valuation to underwrite loss or damage to the tapestry during its UK loan.
- The loan, agreed during President Emmanuel Macron’s state visit, is scheduled for September 2026 to July 2027 at the British Museum.
- An administrative agreement sets strict safeguards, including transport in a special crate, display behind protective screening, and a French‑supervised dry run using a facsimile with vibration monitoring.
- The indemnity will cover the journey by truck via the Channel Tunnel and the exhibition period, with the British Museum responsible for safekeeping and a post‑loan condition report at its own expense.
- Experts have voiced concerns about moving a fragile, nearly 1,000‑year‑old textile, as the provisional valuation exceeds twice the price of Salvator Mundi and the final valuation is still pending.