Tuesday 6 June 2023

Lot 31

Mario Sironi, Italian 1885-1961 - Figura; oil on paper, laid down on board, 49 x 24 cm (ARR) (VAT...

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Lot 31

Mario Sironi,
Italian 1885-1961 -
Figura;
oil on paper, laid down on board, 49 x 24 cm (ARR) (VAT...

Price Realised: £3,640

Estimate: £2,000 - £3,000

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

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Lot 31

Description

Mario Sironi,
Italian 1885-1961 -

Figura;

oil on paper, laid down on board, 49 x 24 cm (ARR) (VAT charged on hammer price)

Provenance:
Sotheby's, London, 19th October 1988, lot 377; 
private collection

Exhibited:
Willistead Art Gallery, Windsor, Ontario, Canada, 1957 (according to label attached to the reverse)

Note:
in November 1957, there was an exhibition at the Willistead Art Gallery, 'A Selection of Fifty Modern Italian Paintings, Drawings and Prints from The Estorick Collection.' There is a work listed in the catalogue which matches the size and subject matter so the present lot was likely included in this exhibition.

As part of their honeymoon from 1947-48, Estorick and his wife travelled to Milan and visited the studio of Sironi. Enraptured by his work, he purchased "hundred and hundreds of drawings and as many pictures as I could get in to my Packard Convertible Roadster". Sironi's work was integral to the his collection, however he sold most from this initial purchase, as in the mid-1950s Estorick became a full-time art dealer. He was a London representative for Sydney Janis Gallery, New York, and acted as a representative for a number of Hollywood clients at auction. In 1960, he founded the Grosvenor Gallery in London. 

Sironi studied under Giacomi Balla, which was formative for his career, as was befriending Gino Severini and Umberto Boccioni. In the present work, the influence of Roman mosaics can be seen. Sironi's works are in the collections of Museo del Novecento, Milan; Pinacoteca di Brera, Milan; Guggenheim Collection, Venice; Tate Gallery, London; the Musée National d'Art Moderne, Paris; and the Vatican Museums.

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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