Private Treaty Sales
Items which have been granted (or are capable of being granted) conditional exemption from capital taxation can be purchased by private treaty, without giving rise to a charge under Inheritance Tax, Capital Gains Tax or Corporation Tax.
Private Treaty Sales
Items for sale
HM Revenue and Customs requests that owners of items granted exemption give the Arts Council three months’ notice of an intention to sell the item(s). Please note that the price given is intended as a rough guide only, and does not constitute an offer to sell at this price. The practice of the auction houses is usually to pitch this at their high auction estimate.
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The following painting is to be sold by auction on 4th June 2024, at the Christie’s British and European Art auction. Guide Price: £600,000. Contact Point: Sarah Reynolds, sareynolds@christies.com +44 207 752 3284
John Singer Sargent, R.A.
The Hall of the Grand Council, Ducal Palace, Venice
signed ‘John S. Sargent’ (lower left)
oil on canvas
19¾in. x 27½in.
Provenance:
Mrs Robert Mathias (Ena Wertheimer); Henry Lascelles, later 6th Earl of Harewood (1882-1947), by 1925 and by descent.
Exhibited:
London, Royal Academy, Winter Exhibition of the Works of the Late John S. Sargent, R.A., 1926.
Guide Price: £600,000 (six hundred thousand pounds)
The following painting is to be sold by auction on 4th June 2024, at the Christie’s British and European Art auction. Guide Price: £1,200,000. Contact Point: Sarah Reynolds, sareynolds@christies.com +44 207 752 3284
Sir Alfred James Munnings P.R.A.
H.R.H. The Princess Royal on ‘Portumna’, and the Earl of Harewood, Master of the Bramham Moor Hunt, on ‘Tommy’
signed ‘A.J. Munnings’ (lower left)
oil on canvas
47in. x 55in.
Provenance:
Commissioned by Henry Lascelles, 6th Earl of Harewood (1882-1947), and by descent.
Exhibited:
London, Royal Academy, 1930, no. 132.
London, Royal Academy, Exhibition of work by Sir Alfred J. Munnings, 10 March - 30 June 1956, no. 160.
Literature:
A.J. Munnings, The Second Burst, London, 1951, pp. 224-5.
Guide Price: £1,200,000 (one million two hundred thousand pounds)
The following painting is to be sold by auction on the 6th June 2024 in Sotheby’s Modern British & Irish sale. Guide Price: £800,000.
Graham Sutherland (1903-1980)
Study of Sir Winston Churchill
Signed Sutherland and dated 1954 (upper left)
Oil on canvas 24 by 20in.; 61 by 50.8cm.
Executed in 1954
Provenance:
Alfred Hecht
By whom gifted to the present owners
Exhibited:
Turin, Galleria Civica d’Arte Moderna, Graham Sutherland, 1965, no. 98, illustrated in the catalogue;
London, National Portrait Gallery, Portraits by Graham Sutherland, 1977, illustrated in the catalogue;
London, The Tate Gallery, Graham Sutherland, 1982, no.181, illustrated in the catalogue.
Literature:
Douglas Cooper, The Work of Graham Sutherland, Lund Humphries, London, 1961, no. 168, pp.58-9;
Giorgio Soavi, Protagonisti: Giacometti, Sutherland, de Chirico, 1969, pp. 166, 169;
John Hayes, Portraits by Graham Sutherland, National Portrait Gallery, London, 1977, pp. 49-55 (illustrated p. 54);
Mary Soames, Clementine Churchill, Cassell, London, 1979, pp. 445-6, 501-5;
John Hayes, The Art of Graham Sutherland, Last Century Books, Innerleithen 1980, no. 104, pp. 134-5 (illustrated p.134);
Ronald Alley, Graham Sutherland, The Tate Gallery, exh. cat ., 1982, no. 181, pp. 137-138.
The following painting is to be sold by auction on 2nd July 2024, at the Christie’s Old Masters Part I auction. Guide Price: £300,000. Contact Point: Alexandra Sabadel ASabadel@christies.com +44 20 7389 2210
Circle of Francesco Di Giorgio Martini
The Triumph of Julius Caesar: Caesar in gold and red brocade seated on a triumphal car drawn by four white horses
the car inscribed ‘SPQR’ six times
on panel
16¼ x 53½in.
Provenance:
Charles Somers Cocks, 3rd Earl Somers (1819-1883), and by inheritance to his daughter Lady Henry
Somerset, Reigate Priory.
Exhibited:
London, Burlington Fine Arts Club, 1919, no. 32.
Literature:
T. Borenius, Catalogue of the Pictures at Harewood House, Oxford, 1936, no. 18, Plate X.
Guide Price: £300,000 (three hundred thousand pounds)
The following painting is to be sold by auction on 2nd July 2024 Christie’s Old Masters Part I Sale. Guide Price: £25,000,000. Contact point: Alexandra Sabadel ASabadel@christies.com +44 20 7389 2210
Tiziano Vecellio, Called Titian (Pieve Di Cadore C. 1485/90-1576 Venice) Rest on the Flight into Egypt
oil on canvas laid on panel
46.3 cm x 63 cm
Provenance: Perhaps Emperor Rudolf II, Prague.
Bartolomeo della Nave (1571/79-1632), Venice, from whom acquired in 1638, through Basil Feilding, 2nd Earl of Denbigh (c. 1608-1675), by,
Sir James Hamilton, 1st Duke of Hamilton (1606-1649), first Hereditary Keeper of the Palace of Holyroodhouse, listed in the inventory of 1649, inv. no. 22, where acquired by the following before 1651,Archduke Leopold Wilhelm of Austria, Governor of the Spanish Netherlands (1614-1662), Brussels and Vienna, listed in the inventory of the Imperial Collection of 1659, inv. no. 96, recorded in the Stallburg Gallery, and by descent in the Habsburg collection to,
Charles VI, Holy Roman Emperor (1685-1740), Vienna, and by descent in the Habsburg collection to,Maria Theresa (1717-1780), Archduchess of Austria and Queen of Hungary and Bohemia, listed in the inventory of the Imperial Collection of 1772, inv. no. 918(?), and by descent in the Habsburg collection to,
Joseph II, Holy Roman Emperor (1741-1790), and transferred to Belvedere Palace, by 1781, listed in the ‘second room’, and looted by French troops in 1809 for the Musée Napoléon, when held in the church of Saint Elisabeth, Rue du Temple, Paris, and returned to Vienna in 1815.
Hugh Andrew Johnstone Munro of Novar (1797-1864), by 1851; Christie’s, London, 1 June 1878, lot 24 (350 gns. to Colnaghi).
John Alexander Thynne, 4th Marquess of Bath (1831-1896), Longleat House, Warminster, Wiltshire, and by descent.
Exhibited:
London, Royal Academy, Works by the Old Masters, January-March 1887, no. 161.London, Royal Academy, Works by the Old Masters, 4 January-12 March 1904, no. 72.
Washington, National Gallery of Art, Titian, Prince of Painters, 28 October 1990-27 January 1991, no. 8.
London, National Gallery, Titian’s First Masterpiece: The Flight into Egypt, 4 April - 19 August 2012, no. 26.
Literature:
G.F. Waagen, Treasures of Art in Great Britain, London, 1854, II, p. 133.J.A. Crowe and G.B. Cavalcaselle, History of Painting in North Italy, London, 1871, III, p. 52.
W. Suida, Titien, French edition, Paris, 1935, p. 14.
H. Tietze and E. Tietze, ‘Tizian Studien’, Jahrbuch der Kunsthistorischen Sammlungen in Wien, Vienna, N.F., X, 1936, pp. 137-192.
B. Berenson, Italian Pictures of the Renaissance, Venetian School, London, 1957, I, p. 187.
F. Valcanover, Tutta la pittura di Tiziano, Milan, 1960, I, pl. 42.
H. E. Wethey, The Paintings of Titian, I, The Religious Paintings, London, 1969, p. 125, no. 90, and pl. 7, with full bibliography.
P. Humfrey, Titian, The Complete Paintings, London, 2007, p. 46, no. 13, dated circa 1510.
Guide Price: £25,000,000 (twenty-five million pounds)
The following marble bust is to be sold by auction on 2nd July 2024 in Sotheby’s sale of Master Sculpture from Four Millennia. Guide Price £2,500,000.
A Roman Marble Portrait Bust of Caracalla, 212/217 A.D. turned to his right, with short beard and moustache, broad nose, eyes with incised irises and drilled crescentic pupils, incised eyebrows, and deeply furrowed brow and forehead, and wearing a tunic and paludamentum fastened with a circular brooch on the right shoulder, the hem of his cloak falling from his left shoulder, the head and shoulders carved in one piece. Total height with socle 80 cm
Provenance: Thomas Jenkins (1722-1798), Rome, acquired in Naples in 1768
Charles Townley (1737-1810), London, acquired from the above in 177⅔
Richard Worsley (1751-1805), Appuldurcombe House, Isle of Wight, received as a gift from the above
Charles Anderson-Pelham (1781-1846), 1st Baron Yarborough, Brocklesby Park, by inheritance from the above
by descent to the present owner in 1993
Published: Adolf Michaelis, Ancient Marbles in Great Britain, Cambridge, 1882, p. 236, no. 89
Johann J. Bernoulli, Die Bildnisse der römischen Kaiser und ihrer Angehörigen, Römische Ikonographie, vol. II.3, Stuttgart, 1894, p. 54, no. 50
Heinz B. Wiggers, in: id. and Max Wegner, Caracalla bis Balbinus, Das römische Herrscherbild, vol. III.1, Berlin, 1971, p. 59
Eberhard Paul, Gefälschte Antike von der Renaissance bis zur Gegenwart, Vienna, 1982, p. 110, fig. 85
Klaus Fittschen and Paul Zanker, Katalog der römischen Porträts in den Capitolinischen Museen, vol. 1, Mainz, 1985, p. 106, no. 2a
Geoffrey B. Waywell, “The Ancient Sculpture Collection at Brocklesby Park and other British Collections in the Nineteenth Century,” Kölner Jahrbuch, vol. 40, 2007, p. 142, note 34
Eloisa Dodero, Ancient Marbles in Naples in the Eighteenth Century, Leiden, 2019, p. 514f., no. 246
Guide Price: £2,500,000
Last updated: 19th April 2024
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