Wednesday 14 June 2023

Lot 242

A very large Chola-style bronze statue of Siva and Parvati dancing, South India, Shiva standing...

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Lot 242

A very large Chola-style bronze statue of Siva and Parvati dancing, South India, Shiva standing...

Price Realised: £5,980

Estimate: £2,000 - £3,000

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

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Lot 242

Description

A very large Chola-style bronze statue of Siva and Parvati dancing, South India, Shiva standing on a prostrate dwarf, on bronze and copper rectangular plinth, lacking central offering tray, weight 600lbs, 86.3cm. diam x 28cm. deep, Siva is 109cm. high, Parvati is 99cm. high.

Provenance: Purchased by the vendor's mother from S.S. Raghava Chari in Sabauda Vilas, Vepay, Madras, South India on 29th March 1954 with receipt of purchase. The statue has been in the UK since 1987. 

 

This monumental statue of Siva and Pavarti was purchased by the vendor's parents while on honeymoon in 1954 in Madras, South India for the handsome of USD $2000.The bronze was shipped back to the US while the couple continued their honeymoon and was installed in their family home in California for the next 20 years. A typed valuation by Wallace Thompson, who was an expert in the field of South Asian art and who donated to the Asian Art Museum in San Francisco, valued the statue in 1974 at USD $20,000 just prior to the family's relocation to Ireland. The statue then made its way upon the vendor's mother's death to the UK in 1987 where it has remained since. Photographs of the statue in the vendor's family home in 1954, early 1960s, 1970s are available as are the original purchase receipt, letters and the aforementioned typed valuation. 

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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