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Giovanni Battista Benaschi, Italian 1636-1688- The Apotheosis of St Nicholas; black chalk...
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Giovanni Battista Benaschi,
Italian 1636-1688-
The Apotheosis of St Nicholas;
black chalk...
Price Realised: £1,837
Estimate: £800 - £1,200
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Price realised is hammer price plus fees (31.2% Buyers Premium inclusive of VAT).
Lot 132
Description
Giovanni Battista Benaschi,
Italian 1636-1688-
The Apotheosis of St Nicholas;
black chalk heightened with white on grey-blue paper, squared in black chalk for transfer, with watermark of a fleur-de-lys in a circle, 41.5 x 31.3 cm.
Provenance:
Anon. sale, Sotheby's, London, 20 May 1985, lot 16.
Property of the Late Professor Eric Gerald Stanley, FBA (1923-2018) (https://en.wikipedia.org/wiki/Eric_Stanley).
Note:
Benaschi was a prominent artist working in the Baroque and Mannerist styles, who studied under Pietro del Pò (1616-1692) in Rome. The technique of the present work is characteristic of Benaschi's drawings, particularly with the confident handling of the chalk and the application of white convincingly conveying the light and shade of folded drapery.
Fausta Navarro suggested that the present drawing is a study for Benaschi's fresco in the cupola of the church of San Nicola alla Dogana, Naples, which no longer survives.
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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