Tuesday 14 June 2022

Lot 283

MOVED TO RL 21   Maqbool Fida Husain (India 1913-2011), Serigraph from OPCE series,...

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Lot 283

MOVED TO RL 21
 
Maqbool Fida Husain (India 1913-2011), Serigraph from OPCE series,...

Price Realised: Unsold Lot

Estimate: £500 - £700

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

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Lot 283

Description

MOVED TO RL 21

 

Maqbool Fida Husain (India 1913-2011), Serigraph from OPCE series, ed. 90/125

101.6 x 76.2 cm

Accompanied by Certificate of Authentication.

 

Provenance: Private Collection

 

'Our Planet Called Earth' (OPCE) is the famous serious of 25 paintings dedicated to our planet earth from world renowned artist Shri M.F. Husain in the year 2004. These serigraphs are based on the series on paintings. There are 125 serigprahs in total, and they were all done by Shri Anil Relia, Archer Art Gallery, Ahmedabad.

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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