Wednesday 14 June 2023

Lot 142

Annie's Drawing Room, Madura, Company School, India, circa 1840, watercolour and pencil on paper...

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Lot 142

Annie's Drawing Room, Madura, Company School, India, circa 1840, watercolour and pencil on paper...

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 142

Description

Annie's Drawing Room, Madura, Company School, India, circa 1840, watercolour and pencil on paper watermarked TH Saunders 1834, possibly an interior in the former Tamukkan Palace, Madurai and showing how furnishings were adapted to British taste, including for the Chinese occupant, Martyn Gregory Gallery label to reverse including title and photocopy of inscription verso, mounted, glazed and framed, painting 30.5 x 28.5cm. 

Exhibited: From China to the West, cat 90, 2012-2013, no. 103

Kolkata, then known as Calcutta, was the capital of British India from 1772 to 1911. Although it was also geographically the easiest accessible metropolitan area from China by land, there were few Chinese people in Calcutta until the late British Raj era; Chinese immigrants choose to go to Burma instead. One of the first persons of Chinese origin to arrive in Calcutta was Yang Tai Chow who arrived in 1778. He was an either northern Chinese or a Hakka from Guangdong or Fujian province of China. Governor-General of India Warren Hastings granted land to Achew to set up a sugar cane plantation and sugar factory in a place, currently called Achipur, located near the town of Budge-Budge on the banks of the River Hoogly. According to records of the East India Company from the year 1778, "Achew was granted 650 bighas of land about 6 miles south of Budge – Budge for an annual rent of Rs 45". Many of the earliest Chinese immigrants worked on the Khidderpore docks. A police report in 1788 mentions a sizable Chinese population settled in the vicinity of Bow Bazaar Street. The sugar mill that Atchew had set up in the patch of land near the town of Budge Budge drew other Chinese migrants and soon a small community had formed around it. By 1783, we know Atchew was dead – a letter shows an East India Company attorney trying to extract money from the executor of his estate. An advertisement in the Calcutta Gazette in 1804 announces that the sugar mill was up for sale. A temple and the grave of Tong Achi still remain and are visited by many Chinese who come from the city during the Chinese New Year.

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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