Titian's Triumph of Love in its restored state
A painting by the Renaissance master Titian has been acquired by Oxford's Ashmolean Museum.
The circular painting, Triumph of Love, has not been seen since it was exhibited in 1960 at the Royal Academy.
The artwork, which is worth £600,000, was given to the museum thanks to a donation by The Art Fund and the Acceptance in Lieu scheme.
This means that items of historical or artistic importance can be given instead of inheritance tax.
The painting dates from the mid 1540s and shows Cupid triumphant, standing on the back of a roaring lion.
It has undergone careful cleaning and conservation at the National Gallery, confirming that the painting was an original Titian.
Triumph of Love will go on display at the National Gallery from 21 July - 20 September and then will be on permanent display at the Ashmolean when it reopens in November 2009.
Director of the Ashmolean, Dr Christopher Brown, said: "We are delighted that our collaboration with the National Gallery has revealed so much about this fascinating and rare painting."