Friday 26 April 2024

Lot 46

A fragmentary Greek gold oak wreath, late Classical to early Hellenistic period, circa 4th-3rd...

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Lot 46

A fragmentary Greek gold oak wreath,
late Classical to early Hellenistic period, circa 4th-3rd...

Starting Bid: £2,800

Estimate: £4,000 - £6,000

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Lot 46

Description

A fragmentary Greek gold oak wreath,

late Classical to early Hellenistic period, circa 4th-3rd century B.C.,

in two sections, one approx. 20cm. long and the other approx. 11cm. long, total weight 37 grams

Provenance: Formerly in the collection of Greek Antiquities collector Dionysios Loverdos and thence by descent; acquired in London in 1974 

In ancient Greece, foliate wreaths fashioned from gold, mimicking natural forms such as laurel, myrtle, olive, ivy, and, as here, oak, were given as prizes, worn in processions or in the symposia, dedicated at sanctuaries and buried with the dead. Sanctuary dedications are mentioned in temple treasury lists from as early as the 5th century B.C., but surviving examples are few prior to the 4th century B.C. The meaning of the different plant species employed for these wreaths is uncertain, but in the case of oak, there is at least a clear association with Zeus.

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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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