Tuesday 18 February 2025

Lot 11

Arne Hovmand-Olsen (1919-1989) for Mogens Kold Set of six dining chairs, comprising two carvers...

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Lot 11

Arne Hovmand-Olsen (1919-1989) for Mogens Kold 
Set of six dining chairs, comprising two carvers...

Current Bid: £800

Estimate: £1,200 - £1,500

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Lot 11

Description

Arne Hovmand-Olsen (1919-1989) for Mogens Kold 

Set of six dining chairs, comprising two carvers and four side chairs, together with an extending dining table, circa 1960 
Teak, leather upholstery 
Manufacturer's plaques to chairs and table 
Armchair : 78cm high, 58cm wide ; Side chair : 76cm, 49cm ; Dining table : 73cm high, 160cm wide, 250.5cm wide extended, 85cm deep (7)


 

All chairs structurally sound and sturdy with tight joints. Frames with general wear to include scuffs and scratches (mainly to back legs). Backrest to one side chair with laminates separating very slightly to one side. Another chair with more obvious separation to laminates to one side of backrest and re-glued laminates to opposite side with small visible in-filled restoration. 

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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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