Wednesday 16 November 2022

Lot 3

After Antonio Allegri da Correggio, Italian 1489-1534- Jupiter and Io; oil on...

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Lot 3

After Antonio Allegri da Correggio,
Italian 1489-1534-
Jupiter and Io;
oil on...

Price Realised: £3,120

Estimate: £2,000 - £3,000

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

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Lot 3

Description

After Antonio Allegri da Correggio,

Italian 1489-1534-

Jupiter and Io;

oil on canvas, 141.4 x 85.7 cm.

Provenance: Private Collection, UK.

Note: A 19th-century copy after the original oil on canvas by Correggio, dating to c.1532-33, and held at the Kunsthistorisches Museum, Vienna [no.274]. The series of Jupiter's Loves, to which this relates, was conceived after the success of Correggio's 'Venus and Cupid with a Satyr' [Louvre, Paris]. The story of Jupiter and Io is inspired by Ovid's classic Metamorphoses: Io, daughter of Inachus, the first king of Argos, is seduced by Jupiter (Zeus in Greek), who hides behind the dunes to avoid hurting the jealous Juno. Jupiter was often tempted by other women and took on various disguises in order to cover his various escapades, including those of a swan, an eagle, and, here, a dark cloud, despite the bright daylight. Jupiter here embraces the nymph, his face barely visible above hers, while she pulls herself towards him with barely contained sensuality. Noteworthy is the contrast between the evanescent figure of the immaterial Jupiter, and the sensual substance of Io's body, shown lost in an erotic rapture, which very much anticipates the works of Gian Lorenzo Bernini (1598-1680) and Peter Paul Rubens (1577-1640).

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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