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Lot 1679: PORTRAIT OF MAJOR WELCH BY NOTED FORGER ELMYR DE HORY

Est: $1,000 USD - $1,500 USDSold:
Alexander Historical Auctions LLCElkton, MD, USApril 18, 2018

Item Overview

Description

PORTRAIT OF MAJOR WELCH BY NOTED FORGER ELMYR DE HORY
ELMYR DE HORY (1906 - 1976) Hungarian-born painter and art forger, who is said to have sold over a thousand forgeries to reputable art galleries all over the world. His forgeries garnered celebrity from a Clifford Irving book, "Fake" (1969); a documentary essay film by Orson Welles, "F for Fake" (1974); and a biography by Mark Forgy, "The Forger''s Apprentice: Life with the World''s Most Notorious Artist" (2012). Oil-on-canvas portrait, 19 1/2" x 25" (sight), a chest-up depiction of a British Major of the Royal Fusiliers, named as Frank Welch on a brass plaque affixed to the bottom edge of the frame. The upper right corner of the canvas bears the artist''s signature "Hory 1947" in black paint, along with the French dedication "a l''ami Welch". De Hory, while only passingly successful as an artist in his own right, would garner international infamy for his skilled forgeries of the works of such artists as Pablo Picasso, Auguste Renoir, Amadeo Modigliani, and Henri Matisse, although his relationships with a series of shady art dealers and agents kept him from becoming wealthy. He would eventually be arrested by Spanish authorities and commit suicide to avoid extradition to France. His forgeries are highly sought-after collectibles in their own right, and his honest works are scarce. Shows a few minor surface abrasions, else very good. Also present is a period portrait photo of Major Welch, 8" x 10", bearing the stamp of noted American portrait photographer Fabian Bachrach at lower right. Two pieces.

Artist or Maker

Payment & Shipping

Payment

Accepted forms of payment: Discover, MasterCard, Money Order / Cashiers Check, Personal Check, Visa, Wire Transfer

Shipping

Shipments are sent via USPS Priority, USPS International Priority, DHL (for most overseas shipments) or FedEx Ground at the auctioneer's option, signature is always required, unless other arrangements are made. Handling and shipping charges will be added to the invoice in one entry. Buyers should be aware that large, framed, fragile or odd shaped items can incur substantial shipping and packing charges. International shipments are invoiced by DIMENSIONAL weight, not the item weight. Please contact us for an estimate before bidding NOTE: Large, heavy or bulky items may not be shipped by the auctioneer - arrangements for shipping of these items via a third-party shipper may be arranged through the auction house. Customers who supply their own courier account number will still be charged a handling fee. Please allow 2-3 weeks for shipments after receipt of payment due to the high volume of packages being shipped.

Auction Details

Spring Auction 2018 Part II

by
Alexander Historical Auctions LLC
April 18, 2018, 10:00 AM EST

106 East Main Street, Suite 103, Elkton, MD, 21921, US

Terms

Buyer's Premium

28.0%

Bidding Increments

From:To:Increment:
$0$99$10
$100$499$20
$500$999$50
$1,000$1,999$100
$2,000$4,999$250
$5,000$9,999$500
$10,000$19,999$1,000
$20,000$49,999$2,500
$50,000$99,999$5,000
$100,000+$10,000

Terms and Conditions

This is a timed auction and will end on Monday, May 14, 2018 at 1 PM EST. This auction is conducted under the laws of the State of Maryland.

Please contact Invaluable at 617-746-9800 if you have difficulties using the Invaluable.com website or logging in.

The Auctioneer reserves the right to reject any bid for any reason at any time. In exceptional cases of clerking errors, third-party bidding platform errors, miscommunication, or other errors beyond the direct control of the auctioneer (such as internet or computer related problems), the auctioneer reserves the right to withdraw the lot after the hammer has fallen but only before any payment has been accepted.

The Auctioneer reserves the right to withdraw any lot for any reason at any time.

In the event of duplicate high bids, the earliest bid received will be the winner. Note: Absentee bids left with Invaluable.com do not reach the auctioneer until the lot opens during the live sale, thus are not considered early bids! The third-party bidding platform you are using may have received an earlier bid of equal amount and will consider this an earlier left bid for their purposes only!

Some lots may carry a reserve equal to or below the low estimate beneath which the item will not be sold. Actual reserve figures or top absentee bids are not made public.

Detailed descriptions of lots and images are available upon request. Bidders are advised that we warrant ONLY printed descriptions and additional information set forth in the addenda and from the auction block. Illustrations of lots in this catalog and our website may have size, brightness or contrast modifications for display purposes. Accurate color representation is not guaranteed.

Estimated selling prices are for your guidance only. Actual selling prices may be higher or lower than the estimate indicated.

The placing of a bid legally binds the bidder to purchase the lot at or below the bid placed, plus buyer's premium (see item 3). Bids may not be retracted without our approval. Please think before you bid! You are legally bound once you do so. Non-paying bidders will be reported to Invaluable and blocked from future bidding.

Absentee Bidding: All bidding is undertaken in a competitive manner. The winning bid will always be one bidding increment over the second highest bid. The minimum acceptable bid for any lot is one-half of the low estimates given in the item description. Absentee bids left with the auctioneer are accepted up to one hour before the start of the auction. Live bidding: Bids entered during the course of the sale by bidders on the floor, on the phone, or live on the internet will be taken at the amount bid.

We will invoice you within 5 days of the conclusion of the auction. Payment is expected immediately upon, but not before, receipt of invoice. Payments may be made via phone, email, mail, fax, in person. All accounts are payable to Alexander Historical Auctions. Payment must be made in U.S. funds. Wire transfer details are available upon request. Please note that lots purchased are subject to sales taxes where applicable unless a resale number is filled with us prior to the auction.
Invoices not paid within thirty days of the date of invoice will incur a 1.5% per month late payment fee. We accept Visa, Mastercard, Discover, money orders, domestic personal checks, please allow up to 10 days for clearance, and bank wires. Property purchased and paid for by successful bidders but remaining unclaimed after 120 days will be deemed abandoned and title will be ceded to Alexander Historical Auctions LLC.

Shipment will be via USPS Priority Mail, FedEx Ground or DHL. All packages require a signature upon receipt. We are happy to assist you to make arrangements for extra-large or heavy items which we cannot ship directly. Please notify us immediately after the auction if you would like to ship via FedEx on your own account, we will add an appropriate handling charge to the invoice. Multiple lots may be combined into one package at our discretion. Please allow 14 - 21 days for shipments to arrive after receipt of payment due to the high volume of package being shipped.

All autograph material in this sale is guaranteed genuine for the life of the original purchaser (unless otherwise stated or if contrary to other provisions of these terms). Any autograph item sold which is determined to be not authentic by two independent authenticators acceptable to both parties to the sale may be returned by the original buyer at any time for an immediate refund of the purchase price (only). Non-autograph items are guaranteed genuine for a period of twenty-one (21) days of receipt if determined to be not authentic by two independent authenticators acceptable to both parties to the sale. Some lot may be sold in as-is condition and are marked as such in the description. These items are not returnable for any reason.

All returned lots must be in the same condition as shipped. All items are in very good condition unless stated otherwise. Items housed in frames have not been examined outside of the frame. Lots which bear defects or damage not visible because of framing will not be subject to return. Auctioneer will not be responsible for shipping costs, after auction appraisal fees, testing or any other post auction costs. Under no circumstances will the auctioneer be responsible for lost profits or other financial damages.

Any lot containing five or more items is not subject to return for any reason.

We do not examine the condition of items contained within frames beyond what is readily visible. Such defects may include, but may not be limited to: mounting, silking, marginal damage, closed tears, "mat burn", etc. That being the case, we are not responsible for such hidden damage. Bidders are further advised that we are selling the autograph, not the frame, and therefore the condition of the frame shall not be considered reason for return. Shipping costs for framed items may vary greatly depending on the size and/or weight of the frame, and at times these charges may be quite substantial. Customers may request us to remove an autograph from its frame to reduce shipping charges. We will accommodate customers in that respect for an additional charge of $10.00 per framed item, but such service will be undertaken at our sole discretion. Alexander Historical Auctions will be responsible for any damage caused to the VISIBLE area of the item as it appears in the frame. We will in no way be responsible for any pre-existing hidden damage or defect, nor will we be responsible for any damage caused by us to any previously hidden portion of the autograph, its mount, or any material matted with the autograph during removal from the frame.

The placing of a bid shall constitute acceptance of the preceding terms and conditions of sale as well as the Bidding Procedure guidelines and Terms posted on our website.

Taxes

Sales tax will be charged for Maryland residents, unless a resale certificate is submitted to us prior to any payment.

Contract Information

The placing of a bid shall constitute acceptance of the preceding terms and conditions of sale as well as the Bidding Procedure guidelines posted in this catalog. The Auctioneer reserves the right to reject any bid for any reason at any time. In exceptional cases of clerking errors, third-party bidding platform errors, miscommunication, or other errors beyond the direct control of the auctioneer, the auctioneer reserves the right to withdraw the lot after the hammer has fallen but only before any payment has been accepted. We are not liable for clerking, internet network errors or other technical issues. Please read the Invaluable guidelines for the requirements for internet bidding.

Payment Information

We will invoice you within 5 days of the conclusion of the auction. Payment is expected immediately upon, (but not before) receipt of invoice. Payments may be made via mail, phone, fax, in person. All accounts are payable to Alexander Historical Auctions. Payment must be made in U.S. funds. Wire transfer details are available upon request. Please note that lots purchased are subject to sales taxes where applicable unless a resale number is provided prior to the auction. Invoices not paid within thirty days of the date of invoice will incur a 1.5% per month late payment fee. We accept Visa, Mastercard, Discover, money orders, personal checks, please allow up to 10 days for clearance, and bank wires.

Shipping Information

Shipments are sent via USPS Priority, USPS International Priority, DHL (for most overseas shipments) or FedEx Ground at the auctioneer's option, signature is always required, unless other arrangements are made. Handling and shipping charges will be added to the invoice in one entry. Buyers should be aware that large, framed, fragile or odd shaped items can incur substantial shipping and packing charges. International shipments are invoiced by DIMENSIONAL weight, not the item weight. Please contact us for an estimate before bidding NOTE: Large, heavy or bulky items may not be shipped by the auctioneer - arrangements for shipping of these items via a third-party shipper may be arranged through the auction house. Customers who supply their own courier account number will still be charged a handling fee. Please allow 2-3 weeks for shipments after receipt of payment due to the high volume of packages being shipped.

Buyer's Premium

There is a 28% Buyer's Premium charged on the final hammer price of each lot.

Condition Statement

All autograph material in this sale is guaranteed genuine for the life of the original purchaser (unless otherwise stated or if contrary to other provisions of these terms). Any autograph item sold which is determined to be not authentic by two independent authenticators acceptable to both parties to the sale may be returned by the original buyer at any time for an immediate refund of the purchase price (only). The condition of autograph material is generally described per standards suggested by the Manuscript Society.

Non-autograph items are guaranteed genuine for a period of twenty-one (21) days of receipt if determined to be not authentic by two independent authenticators acceptable to both parties to the sale. Some lot may be sold in as-is condition and are marked as such in the description. These items are not returnable for any reason.

Any declarations of lack of authenticity by any party must be made in writing.