Tuesday 24 March 2015

Lot 301

Lots 301-391 are from the Private Collection of Tim Ellis.   A passionate collector...

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Lot 301

Lots 301-391 are from the Private Collection of Tim Ellis.
 
A passionate collector...

Price Realised: £338

Estimate: £150 - £200

Price realised is hammer price plus fees (30% Buyers Premium inclusive of VAT).

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Lot 301

Description

Lots 301-391 are from the Private Collection of Tim Ellis.

 

A passionate collector of modern British art and sculpture, Tim Ellis amassed a breath-taking collection of hand selected works throughout his career in the City of London. Upon retirement Ellis moved from the idyllic Georgian architecture of London's West Square, where the collection had been a much loved part of his home, and made the difficult decision to disperse his collection and begin afresh.

 

The artwork he amassed is a true reflection of his eclectic tastes, and unwavering interest in the modern and contemporary British art scene. He collected without bias or concern for the reputation of, or the market for, the artist, and without concern for the medium of the artwork. "I didn't buy for investment, or with a strategy: I've only acquired works that I have fallen in love with, that I couldn't resist, that I felt I just had to live with. I haven't even thought of myself as a collector."

 

His refreshing approach to amassing this collection is apparent in the estimates given to the works, making them affordable additions to a home or collection. It is Ellis's hope that the dispersal of the collection will inspire a new generation of collectors to buy works by lesser-known and in his own word "criminally neglected" artists.

 

His cardinal rule was to never buy a work that didn't fit into the back of a London taxi, a rule he broke for one lady, the artist who would be his future wife, and the catalyst for the move from West Square. Ellis says "Living with a painter has certainly had an effect on me as a collector: I now have a greater insight into and appreciation of a more language of paint. I also feel a greater commitment to support living artists." His new collection will comprise works from living artists whose integrity and dedication he admires.

 

Alfonso Amaya, Spanish, 20th century- Bravura; bronze on marble base on a wooden plinth, from an edition of 2499, height 7cm, length 11cm. (including base, excluding plinth) (may be subject to Droit de Suite)

Provenance: Presented to the current owner for speaking at a conference in Barcelona

 

Note: A certificate of authenticity accompanies this lot

Buyer's Premium

The buyer shall pay the hammer price together with a premium thereon of 26% up to £20,000 (31.2% inclusive of VAT), 25% from £20,001 - £500,000 (30% inclusive of VAT), 20% from £500,001 thereafter (24% inclusive of VAT). The premium price is subject to VAT at the standard rate.

VAT
VAT is not charged on the hammer price unless it is stated that there is 'VAT applicable on the hammer price at the end of the description. Buyer's premium is subject to VAT.
(ARR) - ARTIST'S RESALE RIGHT

Qualifying living artists and the descendants of artists deceased within the last 70 years are entitled to receive a re-sale royalty each time their work is bought through an auction house or art market professional.

It applies to lots with hammer value over £1,000 as follows:
0 to £50,000 - 4%
£50,000.01 to £200,000 - 3%
£200,000.01 to £350,000 - 1%
£350,000.01 to £500,000 - 0.5%
Exceeding £500,000 - 0.25%
ARR is capped at £12,500

Please note ARR is calculated in euros. Auctioneers will apply current exchange rates.

Export of goods

Buyers intending to export goods should ascertain whether an export licence is required before bidding. Export licences are issued by Arts Council England and application forms can be obtained from its Export Licensing Unit. Details can be found on the ACE website www.artscouncil.org.uk or by phoning ACE on 020 7973 5188. The need for import licences varies from country to country and you should acquaint yourself with all relevant local requirements and provisions before bidding. The refusal of any such licences shall not permit the cancelling of any sale nor allow any delay in making full payment for the lot.

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