Tuesday 12 September 2023

Lot 15

Wyndham Lewis, British 1882-1957 - Drawing of David Low, 1932; pencil on paper, signed, dated and...

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Lot 15

Wyndham Lewis, 
British 1882-1957 - 
Drawing of David Low, 1932; 
pencil on paper, signed, dated and...

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 15

Description

Wyndham Lewis, 
British 1882-1957 - 

Drawing of David Low, 1932; 

pencil on paper, signed, dated and titled lower left 'Wyndham Lewis 1932 Drawing of David Low', 27 x 19.3 cm (ARR) 

Provenance: 
private collection from 1957 (according to previous cataloguing of the work); 
Christie's, London, 7th March 1997, lot 18; 
private collection; 
Woolley & Wallis, Salisbury, 29th November 2017, lot 19; 
private collection, purchased from the above 

Literature: 
Walter Michel, 'Wyndham Lewis: Paintings and Drawings', Thames & Hudson, London, plate 103 no.773 

Note: 
this portrait was originally produced for the portfolio 'Thirty Personalities and a Self-Portrait, 1932', which also included images of Augustus John, G. K. Chesterton and Constant Lambert. Sir David Low (1891-1963) was a highly celebrated political cartoonist and satirist and Lewis was a great admirer of his work, reproducing an example of his work 'Rude Assignment' in his 1950 'Autobiography'. Low produced a cartoon featuring Wyndham Lewis in 1938 on the occasion of the Royal Academy’s rejection of his portrait of T. S. Eliot and the subsequent resignation of Augustus John. 

With thanks to Paul Edwards, Chairman, The Wyndham Lewis Memorial Trust for his assistance in the cataloguing of this work. 


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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