Royal Blackheath Golf Club, in United Kingdom, have secured the security of their club by selling a painting for $1,061,494.00 at Bonhams auction house. "The Portrait of Henry Callender”, is one of the oldest paintings to show a golfer.
The world famous London golf club is using the funds made to buy the course and the clubhouse from the Crown Estate. The Crown Estate is a semi-independent, incorporated public body which manages an extensive property portfolio. Painted in 1790 by Lemuel Francis Abbott, the painting is the most expensive piece of golf art ever auctioned.
" The Royal Blackheath Golf Club , as all the world knows, is the oldest golf club in the world." Bernard Darwin
