Wednesday 14 June 2023

Lot 141

The interior of the palace at Madura, with the District Collector conducting business, Company...

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Lot 141

The interior of the palace at Madura, with the District Collector conducting business, Company...

Price Realised: Unsold Lot

Estimate: £2,000 - £3,000

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

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Lot 141


The interior of the palace at Madura, with the District Collector conducting business, Company School, Madura, South India, circa 1840, pencil and watercolour on paper, inscribed to reverse

Provenance: Private Collection J.P. Losty (1945-2021)

An almost identical version of this painting was sold at Bonhams, India in Art, 7 June 2022, Lot 15.

The Tamukkam Palace at Madura (modern Madurai), a few hundred miles from Madras, was originally built, circa 1670, as the summer palace of the Rani Mangammal, queen regent of the Nadu kingdom. It was later occupied by the Nawab of the Carnatic, and after that by the East India Company from 1801, functioning as the official residence of the District Collector. From 1959 the palace became the Mahatma Gandhi Museum. With its distinctive ogee arches and massive pillars, it was also depicted by Thomas and William Daniell in the late 18th Century.

For a group of four Company School works depicting the exterior of the palace, and the temples of Minatchy and Vasanta, at Madura, see Sotheby's, Oriental Manuscripts and Miniatures, 29th April 1998, lots 91-94. These too have identifying inscriptions in English. M. Archer noted that aside from its official status Madura was regarded as a centre for Company officials, who were attracted by its monuments and sculpture. An Indian artist, named Ravanath Naik, appears to have worked in tandem with British amateur painters (Company Drawings in the India Office Library, London 1972, p. 52).

For another painting by an Indian artist, depicting Pudu Mandapa, opposite the Meenakshi Temple, and in the collection of Conway Mordaunt Shipley, see India and Iran: Works on Paper, Oliver Forge & Brendan Lynch, March 2022, no. 25.




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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