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Frank Herholdt, South African 20th/21st century, Punks, 1983; two silver gelatin contact sheets,
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Lot 456
Full Lot Description
Frank Herholdt,
South African 20th/21st century,
Punks, 1983;
two silver gelatin contact sheets,
each signed, dated and inscribed in white pen,
overall image: 25 x 20.5 cm,
(framed)
(2)
Note: According to the artist, this was a session shot for Ritz Magazine in 1983. The artist has said: 'I went to the 100 club in London with my assistant to scout these punks I can’t remember who was playing but I remember watching the punks throw themselves around to the music. We offered them some free booze to come to my studio and if I remember correctly we went through about a 100 cans of lager to keep them happy. The model was a posh girl and she got on well with the punks . I love the way the Black and White printer/processor carefully wrote on every sheet of film the Date and my name and the number all by hand!'.
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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