A early 20th century gilt gesso adjustable standard lamp with scrolled feet and cylindrical fluted column.
gesso. A mixture of plaster of Paris and gypsum mixed with water and then applied to the carved wooden frames of mirrors and picture frames as a base for applying gold leaf. After numerous coats of gesso have been applied, allowed to dry and then sanded a coat of "bole", a usually red coloured mixture of clay and glue is brushed on and allowed to dry, after which the gold leaf is applied. In painting, gesso is also used to prime a canvas prior to applying paint.
The buyers premium is an additional percentage charge on the hammer price of the item, imposed by the auction house to cover administrative costs. The buyers premium percentage varies between auction houses, with a range of 12.5% to 22%.