30 November 2016
The History of Trade, signed and dated 1898.
Pencil, ink and gouache on paper, laid on cardboard, 16.5 by 67.5 cm (cardboard size).
4,000–6,000 GBP
Provenance: Private collection, Israel.
Authenticity of the work has been confirmed by the expert V. Petrov.
The present lot is a study for a frieze for the new building of the Odessa stock exchange, constructed in 1894–1899.
Notes on symbols:
* Indicates 5% Import Duty Charge applies.
Ω Indicates 20% Import Duty Charge applies.
§ Indicates Artist's Resale Right applies.
† Indicates Standard VAT scheme applies, and the rate of 20% VAT will be charged on both hammer price and premium.