Monday 30 October 2023

Lot 531

M.F. Husain (Indian, 1915-2011) Theorama - 9 panels on world's major religions painted by M.F....

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Lot 531

M.F. Husain (Indian, 1915-2011) Theorama - 9 panels on world's major religions painted by M.F....

Price Realised: Unsold Lot

Estimate: £1,000 - £1,500

Price realised is hammer price plus fees (31.2% Buyers Premium inclusive of VAT).

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Lot 531

Description

M.F. Husain (Indian, 1915-2011) Theorama - 9 panels on world's major religions painted by M.F. Husain
[Actually 10 panels. Buddhism, Judaism, Vedic, Zoroastrianism, Taoism, Jainism, Christianity, Sikhism, Islam and an additional one titled Humanism], A souvenir commemorating the inauguration of Amas Bank Geneva, a member of the Hinduja Group, on 8 November 1994, Foreword by L M Singhvi, Indian High Commissioner to the UK; Limited edition of 1000 sets with original signature of HUSAIN on title page, each print has a tissue paper cover carrying a detailed description, includes a 12-page stapled booklet which has a 3-page essay by Husain [with a self portrait] titled "May I Say Something About Myself", reproduced in Husain's handwriting + A 1-page Epilogue by Husain, also reproduced in his handwriting.
The portfolio was also designed by Husain.
Printed by Burjor and Fred Poonawala at Comart, Bombay.
The booklet is followed by a folded sheet measuring 34 x 14.5 inches showing 'Samudra Manthan' and carrying a quote by Husain reproduced in his handwriting.
Contained in a maroon cloth folder illustrated on cover.
Album 51cm. diam x 38cm. high

(ARR)

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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