Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent.
VAT rate of 5% is payable on hammer price and at 15% on the buyer's premium
PROPERTY FROM THE COLLECTION OF WILLIAM AND ELEANOR WOOD PRINCE, CHICAGO, ILLINOIS
Throughout much of the later 20th Century, William and Eleanor Wood Prince were well known philanthropists, art collectors and patrons in the overlapping cultural and artistic circles of Chicago.
Born into an art-collecting family in Cincinnati, Ohio, the former Eleanor Edwards grew up surrounded by superb examples of Old Master Paintings, Impressionist and Modern Art, American pictures and other masterpieces from various categories.
Following her marriage to William Wood Prince, the couple built upon this inherited foundation by purchase and commission. Joining their twin passions, many works betray an interest in French culture or all things equestrian. Perhaps unusually for the period, their taste was eclectic in the sense that their acquisitions not only built upon the inherited Edwards collection, but also explored the art of their time, resulting in the purchase of marvellous contemporary works by Louis le Brocquy (Study towards an image of William Shakespeare will be included in the Irish Sale at Christie's King Street on 8 May 2009), David Hockney and, most notably, Marc Chagall. The Wood Princes' long and close friendship with Chagall resulted in a monumental mural in downtown Chicago, a fanstastic gift to the city that endures as a tangible testament to both their appreciation for the avant garde and their great fondness for the Second City. Other local institutions that benefited from their interest and support included The Art Institute of Chicago, the Lyric Opera, Northwestern Memorial Hospital and the Alliance Française.
Christie's is delighted and honoured to be entrusted with the sale of Property from the Collection of William and Eleanor Wood Prince, which, in addition to the contemporary paintings mentioned above, includes a sculpture by Kenneth Armitage (lot 143) and works by Chagall, Corot, Degas, Fantin Latour, Millet, Monet, Munnings and Turner, all of which are being offered this season in London and New York.