THIS alabaster sculpture by Barbara Hepworth (1903-75), entitled Two Rotating Forms II and dated to 1966, began the new year in style for Sworders.
Offered on January 10, it sold for
£250,000.
Measuring 11in (27cm) high from the wooden
base, it came for sale in Stansted Mountfitchet via a deceased
estate.
Attracting much interest in the run-up to
the sale at its £60,000-80,000 estimate, 11 telephones lines were
booked for lot 303 of the Decorative Art and Design Sale January 10
- the 109th anniversary of the artist's birth. Bidding came down to
two telephone bidders, a London dealer the purchaser.
Following the January 1 extension of the
Artist's Resale Right to the estates of artists who have been dead
for less than 70 years, the buyer will pay an additional £6227.02,
which after collection fees of £934.05 will leave £5292.97 to go to
the Hepworth estate, the first in what promises to be a bonanza of
royalties.
The buyer's premium was 20 per cent.
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