Wednesday 29 March 2023

Lot 76

Peter Monamy,  English 1681-1749-  A British two-decker man-o'-war in four positions in a stiff...

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Lot 76

Peter Monamy, 
English 1681-1749- 
A British two-decker man-o'-war in four positions in a stiff...

Price Realised: Unsold Lot

Estimate: £5,000 - £7,000

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

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Lot 76

Description

Peter Monamy, 
English 1681-1749- 

A British two-decker man-o'-war in four positions in a stiff breeze; 

oil on canvas, signed and indistinctly dated 'P: Monamy; 17...' (lower left, on the flotsam), 76.3 x 125.7 cm. 

Provenance: 
Vice Commodore G. Coats, by whom gifted in 1894 to; 
The Royal Northern and Clyde Yacht Club. 
Anon. sale, Christie's, London,13 February 1981, lot 129. 
Private Collection, UK. 

Note: 
The youngest son of a Guernsey man, Monamy was born in London in 1681. Throughout his career he was heavily influenced by the works of Willem van de Velde the Younger (1633-1707) and other North European, Dutch and French masters. Indeed, Monamy was a collector of van de Velde's drawings and these clearly influenced his development as a maritime painter, resulting in numerous commissions from mercantile and naval patrons, including the famous Channel Islands' naval families, the Durrells and the Saumarezs. In 1726, he was elected a Liveryman of the 'Company of Painter-Stainers', to which he presented a very large painting of the 'Royal Sovereign at anchor' which still remains in their collection today. Although his paintings usually depict actual ships, they rarely record specific events as, up until 1739, his career coincided with a long period of peace. From the 1730s until his death, Monamy was at the centre of London's artistic life and was a friend of William Hogarth (1697-1754), sometimes collaborating with the celebrated younger artist. Monamy's eldest daughter, Mary, married the marine painter Francis Swaine (1725-1782) and their son, Monamy Swaine (c.1750-c.1800), following the family tradition, also became a marine artist.

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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