Roseberys London | Seif Wanly, Egyptian 1906-1979- Figure and studies;

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Monday 24 April 2017

Lot 458

Seif Wanly, Egyptian 1906-1979- Figure and studies; mixed media watercolour, pen, ink and...

Lot 458

Price Realised: Unsold Lot

Estimate: £1,000 - £1,500

Price realised is hammer price plus fees (30% Buyers Premium inclusive of VAT).

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Lot 458

Description

Seif Wanly, Egyptian 1906-1979- Figure and studies; mixed media watercolour, pen, ink and pencil, signed in pencil, 50.5x34.5cm

Note: Seif Waly was an Egyptian painter, born Mohammed Seif al-Din Waly, into an aristocratic family of Turkish origin in Alexandria, Egypt, who introduced modern art to Egypt after studying at the studio of the Italian artist Otorino Becchi. In 1942 he set up his own studio with his brother Adham Wanly and together they participated in more than 17 exhibitions, notably in the Venice Biennale and in São Paulo, Brazil. Today an entire floor of the Mahmoud Said Museum in Alexandria is dedicated to Seif and Adham Wanly. His work is in a number of museums including Mathaf: Arab Museum of Modern Art in Doha and the Darat AL Funoon in Amman. He died in 1979 in Stockholm at age of 72.

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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