Wednesday 22 November 2023

Lot 247

George Smith, British 1829-1901-  Study for 'A Game of Speculation';  oil on panel, signed and...

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Lot 247

George Smith, 
British 1829-1901- 
Study for 'A Game of Speculation'; 
oil on panel, signed and...

Price Realised: Unsold Lot

Estimate: £500 - £700

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

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Lot 247

Description

George Smith, 
British 1829-1901- 

Study for 'A Game of Speculation'; 

oil on panel, signed and dated 'G. Smith / 1869' (lower right), titled 'A Game of Speculation' verso, 19.3 x 28.8 cm. 

Provenance: 
with Mandell's Gallery, Norwich. 
Private Collection, UK. 

Note: 
The present work is a study for Smith's larger, finished composition 'A Game of Speculation', which appeared at Dreweatts on 18 October 2023, lot 190. This final painting was almost certainly that exhibited at London's Royal Academy in 1869 (no.54) under the same title. The scene depicts figures crowded around a table, playing the card game 'Speculation' which was particularly popular in the 18th and 19th centuries, and which features in the writing of Jane Austen and Charles Dickens, among others. The heavily-populated composition of the present scene imparts the work with a palpable sense of dynamism, evoking the excitement of the game. 

Smith worked in the studio of Charles West Cope (1811-1890), who clearly had a strong influence on his pupil's approach. Like Cope, Smith was especially prolific as a painter of genre scenes, exhibiting 79 paintings at the Royal Academy between 1848 and 1887. The composition and style of Smith's interior scenes also very much recall that of the Scottish painter David Wilkie (1785-1841). 

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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