Tuesday 24 November 2020

Lot 126

After Raden Saleh, Indonesian c. 1811-1880-   Portrait of John Francis Loudon (1821-1895),...

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Lot 126

After Raden Saleh,
Indonesian c. 1811-1880-
 
Portrait of John Francis Loudon (1821-1895),...

Price Realised: £4,420

Estimate: £2,000 - £4,000

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

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Lot 126

Description

After Raden Saleh,

Indonesian c. 1811-1880-

 

Portrait of John Francis Loudon (1821-1895), full-length, in a red coat, in a landscape;

 

oil on canvas, bears signature and date, 85x70cm

 

Provenance: Private Collection, 1972; Private collection of Victor Aubrey Lownes III (April 17, 1928-January 11, 2017). Lownes was an executive for HMH Publishing Company Inc., later known as Playboy Enterprises, from 1955 through the early 1980s.

 

Literature: possibly J. de Loos-Haaxman, Verlaat rapport Indië, s-Gravenhage: Mouton & Co, 1968, p. 124 noot 7. Een copie door J.F. Obbes in het museum van de Gemeenschappelijke Mijnbouwmaatschappij Billiton te s-Gravenhage.

 

Note: John Loudon was a pioneering figure involved in the exploration and exploitationof tin mining on the island of Belitung, off the east coast of Sumatra, in the years 1852-1855. The Dutch called the island Billiton, however its vernacular name has always been Belitung.

It is no coincidence that John Loudon asked Raden Saleh to portray him in 1855 in Batavia, as he had just returned from a stay on the island of Belitung. He is depicted in the painting as a pioneer working in the tropical environment of the island with Chinese workers who are seen extracting tin ore from a river. John Loudons pioneering exploration and practical leadership skills contributed to the foundation of the Billiton Maatschappij in November 1860, but he had no function within the company.

 

According to one known record, the Billiton Company commissioned a copy of the original portrait of John Francis Loudon by Raden Saleh. Although there is no known reproduction image of this copy, De Loos-Haaxman states that a copy was made by an Dutch artist called J. F. (Joan François) Obbes (1869-1963).

 

This painting bears the signature Raden Saleh and date 1855, as this was copied exactly as written on the original work.

 

With thanks to Dr Marie-Odette Scalliet for her assistance in the cataloguing of this work.

 

 

 

 

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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