Études d'arbres et nu

Balthus (Balthasar Klossowski de Rola, dit, 1908-2001)
Études d'arbres et nu
signé 'Balthus' (en bas à gauche)
graphite et sanguine sur papier
27 x 37 cm.

signed 'Balthus' (lower left)
pencil and sanguine on paper
10³⁄₄ x 14¹⁄₂ in.

Professeur Hubert de Watteville, Suisse (don de l’artiste).
Puis par descendance au propriétaire actuel.

Artist's Resale Right ("droit de Suite"). If the Artist's Resale Right Regulations 2006 apply to this lot, the buyer also 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.
ƒ: In addition to the regular Buyer’s premium, a commission of 5.5% inclusive of VAT of the hammer price will be charged to the buyer. It will be refunded to the Buyer upon proof of export of the lot outside the European Union within the legal time limit. (Please refer to section VAT refunds)
This item will be transferred to an offsite warehouse after the sale. Please refer to department for information about storage charges and collection details.
Please note this lot is the property of a consumer. See H1 of the Conditions of Sale.