Lot 536: Garden Sculpture: Jonathan Loxley, Born 1960

Garden Sculpture: Jonathan Loxley, Born 1960
Band III
Portuguese, White Marble
Unique
200cm.; 78½ins high by 60cm.; 23½ins wide by 14cm.; 5½ins deep

Sealed Bid Auction

All sealed bids must be with us, at the latest, by the 8th June 2016 5pm BST, since the bids will be opened on the 9th June. The winning bid will be the highest left on each lot above the reserve. Bids are non sequential and the highest bid left is the price at which the lot is sold plus buyers premium and any VAT liable. In the event of two identical winning bids being left on the same lot, the earliest received bid shall take precedence. Summers Place Auctions decision on which is the winning bid shall be final.

Key
Buyers Premium payable by the buyer of each lot is at a rate of 25% on the first £50,000, then 20% up to £250,000 and 12% on the amount by which the hammer price exceeds £250,000, plus an amount in respect of VAT thereon.

Lots with a † symbol - These lots will be sold under the normal UK VAT rules and VAT will be charged at 17.5% on both the hammer price and buyer's premium

Lots ith a ‡ symbol - These lots have been imported under TI subject to 5% import VAT

Lots with ?These lots are subject to a payment of the Artist's Resale Right at a percentage of the hammer price