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Baldassare Franceschini, called Il Volterrano, Italian 1611-1689- Study of a large group of...
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Baldassare Franceschini, called Il Volterrano,
Italian 1611-1689-
Study of a large group of...
Price Realised: £722
Estimate: £200 - £400
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Price realised is hammer price plus fees (31.2% Buyers Premium inclusive of VAT).
Lot 130
Description
Baldassare Franceschini, called Il Volterrano,
Italian 1611-1689-
Study of a large group of figures on and around clouds, for the Assumption of the Virgin;
black chalk on paper, cut out in the lower right corner, 27 x 27.4 cm.
Provenance:
Anon. sale, Sotheby's, London, 3 July 1980, lot 48.
Property of the Late Professor Eric Gerald Stanley, FBA (1923-2018) (https://en.wikipedia.org/wiki/Eric_Stanley).
Note:
The present drawing appears to be a study for the artist's completed fresco of the Assumption of the Virgin in the cupola of the Basilica della Santissima Annunziata in Florence.
The sheet appears to have been carefully cut - possibly by Volterrano himself - in order to fit it over another drawing showing the same theme, which would be in perfect accordance with the artist's practice as seen in many of his studies.
Fees & VAT
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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