Wednesday 29 November 2023

Lot 267

Michael Forster, Canadian 1907-2002 - Totem, 1977; acrylic on canvas, signed and dated on the...

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Lot 267

Michael Forster, 
Canadian 1907-2002 - 
Totem, 1977; 
acrylic on canvas, signed and dated on the...

Price Realised: £722

Estimate: £400 - £600

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

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Lot 267

Description

Michael Forster, 
Canadian 1907-2002 - 

Totem, 1977; 

acrylic on canvas, signed and dated on the reverse 'Michael Forster 7.1977', 111.5 x 92 cm 

Note:
numbered 531A on the reverse

Forster’s early works from the 1940s are truly Surrealist in manner, which was interrupted when he was sent to London as one of Canada’s official war artists. After a move to Montreal in 1949, he turned to the Automatistes, a group of artists who ascribed to the theory proposed by Andre Breton, painting through free, unconscious gestures. 

The works in the sale are a summation of his early Surrealist works and imagery from days at sea with the Royal Canadian Navy. He called these works ‘inner landscapes’ - both representational and coming from the subconscious.

Forster moved to Cornwall in the late 1970s where he remained until his death in 2002. His works have been exhibited internationally including the British Museum, Musee d’art Moderne, Paris, the Stedelijk Museum, Amsterdam, the National Gallery, Washington, and Sao Paulo Museum, Brazil.

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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