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Sale: 477 / Classics of the 20th Century II, Dec. 07. 2018 in Munich Lot 427

 
Lot description
Segno bianco. 1972.
Acrylic on canvas with profile structure.
Addamino/Sardella 288. Signed and dated on the stretcher, as well as with an arrow indicating the direction. 90 x 90 cm (35.4 x 35.4 in).
For more information on the work's state of preservation, please see the condition report.
Characteristic work, the strong minimalism makes it a particulatrly expressive work by the protagonist of the Italian "ZERO" movement.
With a photo certificate from the Archivio Turi Simeti, Milan. The work is registered at the archive with the number 1972 - B0901.

PROVENANCE: Private collection Austria.

"The choice of the ellipse is partly random and partly a result of some of my experiences. [..] I always loves this avoid shape and even if i sometimes employed round, rectangular or square shapes, I always went back to the ellipse, especially after verifying that the canvas moves better id shaped by an ellipse rather than by a circle. The ellipse exerts its pressure gently and appears a little assymetric.. a circle is harder, because it is round. The ellipse is sweet, instead, and I sort of fell in love with it."
Turi Simeti, quote from: Turi Simeti. Catalogo ragionato, vol. 1, p. 57

Called up: December 7, 2018 - ca. 15.22 h +/- 20 min.

427
Turi Simeti
Segno bianco, 1972.
Acrylic
Estimate:
€ 20,000 - 30,000

 
$ 23,000 - 34,500

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Buyer's premium, taxation and resale right apportionment for Turi Simeti "Segno bianco"
This lot can be purchased subject to differential or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 1.5% plus statutory sales tax.
Turi Simeti - lots sold by Ketterer Kunst