Monday 21 February 2022

Lot 40

Paul Jenkins, American 1923-2012 Untitled, circa 1960; watercolour, signed 'Paul...

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Lot 40

Paul Jenkins,
American 1923-2012
Untitled, circa 1960;
watercolour, signed 'Paul...

Price Realised: £910

Estimate: £800 - £1,200

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

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Lot 40


Paul Jenkins,
American 1923-2012

Untitled, circa 1960;

watercolour, signed 'Paul Jenkins' lower right; inscribed 'For Pauline and Pete Matthews, March 1960', 29x21cm

Gifted from the artist to Pauline and Peter Matthews, the daughter and son-in-law of Dudley Tooth. Peter Matthews worked for the Arthur Tooth & Sons (1960-1967)



This artwork is by the American abstract expressionist painter Paul Jenkins, who was a student of the artist Yasuo Kuniyoshi. Jenkinss work, inspired by artists such as Jackson Pollock and his close friend Mark Rothko, can be firmly located in the abstract impressionist movement which shaped subsequent American art. Jenkinss work is on display in locations throughout the USA and across the world, including in the Solomon R. Guggenheim Museum in New York, the National Gallery of Art in Washington D.C., the Tate in London, and the Centre Georges Pompidou in Paris.


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 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.

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 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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