A magnificent solid silver portrait bust of the racehorse Red Rum

A magnificent solid silver portrait bust of the racehorse Red Rum,
hallmarked BAC, London, 1979, weight approx. 12.7kg. of solid silver, sculpted by Maureen Coatman (British, 1919-2005), a half-life size portrait head, 42 by 38cm., produced as a limited edition of 25 in bronze or silver, this example numbered 6/25, the silver version being very scarce and the first one seen by the auctioneer, only bronze examples having appeared previously on the auction market, the underside signed by the sculptor M M Coatman, dated 1977 and titled RED RUM, originally licensed by Red Rum Limited, screw mounted on a black marble plinth, 20 by 10cm., the front titled RED RUM, the reverse set with a plaque inscribed, RED RUM, GRAND NATIONAL, 1973 WON - BRIAN FLETCHER, 1974 WON - BRIAN FLETCHER, 1975 SECOND - BRIAN FLETCHER, 1976 SECOND - TOMMY STACK, 1977 WON - TOMMY STACK, OWNED BY NOEL LE MARE, TRAINED BY DON McCAIN; offered with original sales flyer; and a related letter from Red Rum Limited

*** European Union’s Artist’s Resale Right Directive (adopted by the United Kingdom): An Artist's Resale Right would be applicable on this lot should the hammer price exceed £999 GBP (excluding buyer's premium & VAT). Under these circumstances a 4% resale royalty will be added to the buyer's invoice.