Tuesday 11 June 2024

Lot 526

Rose Wylie OBE RA, British b.1934 - Untitled, 1989; oil on paper, signed and dated on the reverse...

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Lot 526

Rose Wylie OBE RA, 
British b.1934 - 
Untitled, 1989; 
oil on paper, signed and dated on the reverse...

Price Realised: £9,184

Estimate: £5,000 - £7,000

Price realised is hammer price plus fees (31.2% Buyers Premium inclusive of VAT).

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Lot 526

Description

Rose Wylie OBE RA, 
British b.1934 - 

Untitled, 1989; 

oil on paper, signed and dated on the reverse 'Rose Wylie Summer 89', 74 x 54 cm (ARR)

Provenance:
private collection, purchased directly from the artist, and thence by descent

Note:
Wylie draws from her everyday surroundings and nature along with images from her memory from mass media. Source materials of newspaper clippings and magazines cover the floor of her studio in Kent. The simplicity and nativity to her work creates a stark directness. 

The artist, who is now in 90, received recognition late in her career, with The Tate Britain holding a solo exhibition of her work in 2013. In 2010, Wylie was the only non-American artist in the Women to Watch exhibition at the National Museum of Women in the Arts, Washington D.C., and in 2015 she became a member of the Royal Academy of Arts.

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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