Patrick HERON (1920-1999)
Christie's label to verso
Further labels to verso, one reads - 'This is one of 12 unique but similar monotypes made by Patrick Heron at the time of his show at the Camden Arts Centre 1994. It is a very rare piece.'
76 x 57cm
This piece has not been examined out of its frame, however, judging from other examples from this series of 12 monotypes each is signed, dated 2005 and inscribed to verso
Sold for £2,800
This glazed work is float mounted. It has not been examined out of the frame. It appears to be in excellent condition.
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Artist's Resale Rights
This levy is to be charged to the purchaser. In bidding, you accept that you will be charged in accordance with the terms of the Act. An artwork must sell for more than €1,000 to qualify for the levy. The law defines the price threshold in Euros and, because the exchange rate between the two currencies changes daily, the equivalent in Pounds Sterling is worked out according to the exchange rate on the date the artwork is sold. The threshold for the day will be announced at the beginning of the sale. The levy is 4% on up to 50,000 euros, 3% from 50,000-200,000 euros, 1% from 200,000-350,000 euros, 0.5% from 350,000-500,000 euros and n0.25% on a hammer price exceeding 500,000 euros. There is a cap of 12,500 euros payable on any one work. Please note: this scale is cumulative, which means that where the sale price is higher than the first threshold, the royalty on each portion of the price must be calculated accordingly and added together to arrive at the final sum. For example, take an artwork that sells for €210,000. The first €50,000 would achieve 4% (€2,000), the next 150,000 would achieve 3% (€4,500), and the final €10,000 would achieve 1% (€100). The total royalties due would be €6,600.
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