Thursday 7 December 2023

Lot 284

A Masonic 18ct gold and diamond set Queen Victoria Diamond Jubilee jewel, by Spencer & Co.,...

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Lot 284

A Masonic 18ct gold and diamond set Queen Victoria Diamond Jubilee jewel, by Spencer & Co.,...

Price Realised: £1,115

Estimate: £500 - £800

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

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Lot 284

Description

A Masonic 18ct gold and diamond set Queen Victoria Diamond Jubilee jewel, by Spencer & Co., 1897, London, the raised diamond shaped centre with a central bust of Victoria within a border of rose cut diamonds with a compass and enamelled crown above a set square with enamel dates 1837-1897, the reverse inscribed PRESENTED with an Illuminated address to R W Bro Col Charles Lyne PGM by the Brethren of the PROVINCE OF MONMOUTH on attaining his Jubilee IN MASONRY Oct 21. 1897, with light blue ribbon and associated 15ct gold pin with leaf decoration, R Spencer & Co., London, 1897, the pendant - 6cm high, 3.4cm wide   

 

Note: This collection of Masonic jewels originally belonged to Colonel Charles Lyne, a prominent Freemason who was Provincial Grand Master of the Province of Monmouthshire from December 1870 until November 1901, President of the Festival for the Royal Masonic Institution for Boys, 1898, and appointed Senior Grand Deacon in 1901.  He was also a founder of the Charles Lyne Lodge 2964 in 1903.

After being displayed in the Masonic Hall, Dock Street, Newport, Monmouthshire they were past down to his grandson Major General Lewis Owen Lyne, C.B. D.S.O, then past down to his godson and then by descent. 

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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