Tuesday 20 July 2021

Lot 43

Nathaniel Hone RA,   Irish 1718-1784-   Portrait of an artist holding a...

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Lot 43

Nathaniel Hone RA,
 
Irish 1718-1784-
 
Portrait of an artist holding a...

Price Realised: £3,380

Estimate: £3,000 - £4,000

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

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Lot 43

Description

Nathaniel Hone RA,

 

Irish 1718-1784-

 

Portrait of an artist holding a drawing, an unfinished canvas beyond;

 

oil on canvas, 71 x 58.5 cm.

 

Provenance: With Wilson Brothers Antique Galleries, Dallas, Texas; Anon. sale, Sotheby's, London, 16 May 2003, lot 1; Where acquired by the present owner.

 

Note: Hone is regarded as one of the most prodigious Irish portrait painters of the 18th Century. Like many Irish-born painters of the period, he relocated to England as a young man to exploit the greater market and desire for portrait painters.

 

After marrying the Duke of Argylls daughter in 1742, Hone settled in London where he received a number of commissions and built his reputation as a skilled miniaturist. By the 1760s he began to focus more on life-size portraiture where there continued to be a commercial desire. He regularly exhibited with the Society of Artists before becoming a Founder Member of the Royal Academy in 1768. Alongside painting commissioned portraits he was known to have completed a number of portraits of his children as well as self-portraits like the present work.

 

Hone is perhaps best known for his sometimes scandalous reputation with the Royal Academy. In 1775 he submitted a work called The Conjurer, which directly insulted the Academys President, Joshua Reynolds, as well as fellow Founder Member Angelica Kauffman. The work was subsequently rejected and Hone went on to hold a one-man exhibition at St Martins Lane considered to be the first solo exhibition of an individual artists work in Britain.

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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