Wednesday 22 November 2023

Lot 97

Giovanni Paolo Panini,  Italian 1691-1765-  View of Piazza Colonna with the Column of Marcus...

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Lot 97

Giovanni Paolo Panini, 
Italian 1691-1765- 
View of Piazza Colonna with the Column of Marcus...

Price Realised: £3,411

Estimate: £1,800 - £2,200

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

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Lot 97

Description

Giovanni Paolo Panini, 
Italian 1691-1765- 

View of Piazza Colonna with the Column of Marcus Aurelius, Rome; 

black chalk, pen and grey ink and watercolour on laid paper, watermark fragment fleur-de-lys with a crown, signed with initials ‘G.P.P.’ and indistinctly inscribed (lower left), further inscribed 'P.H.' (lower right), 25.3 x 36 cm. 

Provenance: 
William Esdaile (1758-1837), London; 
His sale, Christie's, London, 20 June 1840, lot 450 (2 gns to Hogarth). 
Unidentified collector's mark P. H. (L. 2084). 
Lore and Rudolf Heinemann, New York; 
Their sale, Christie's, London, 1 July 1997, lot 75. 
with Kate de Rothschild, London (Master Drawings, July 2001, no.11, illustrated). 
Private Collection, Europe. 

Exhibited: 
New York, The Pierpont Morgan Library & Museum, 'Drawings from the Collection of Lore and Rudolf Heinemann', 1973, no.32, illustrated. 

Note: 
By contrast with his extensive output of capricci, Panini’s detailed topographical ‘vedute’ of Rome like this view are rare. In this drawing, several important symbols of modern Rome can be identified around Piazza Colonna: the Palazzo Chigi and the Curia Innocenziana to the right, the Residenza di Monsignor Vicegerente at the centre, and the Chiesa dei Santi Bartolomeo e Alessandro dei Bergamaschi to the left. The same view appears in Panini’s painting ‘Modern Rome’, pendant to Ancient Rome, both in the Louvre [no.R.F. 1944-22; F. Arisi, ‘Gian Paolo Panini, e i fasti della Roma del’700’, Rome, 1986, no.500, ill.]. Other versions of these well-known views can be found in the Metropolitan Museum of Art, New York [nos 52.63.1 and 52.63.2], the latter showing the Piazza Colonna from a different viewpoint, and in the Museum of Fine Arts, Boston [no.1975.805], also showing the Piazza Colonna from a different angle. 

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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