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Sale: 470 / Post War I, June 09. 2018 in Munich Lot 951

 
Lot description
Grün-Blau-Rot. 1993.
Oil on canvas.
Work overview of paintings 789/1-115. Butin 81. Verso signed, dated and inscribed "zu 789 (H.B.)". Work aside from the edition of 115. 29.7 x 39.8 cm (11.6 x 15.6 in).
Released by the art magazine Parkett, Zürich (edition no. 35, March 1993).
Due to the manual color application and the individual treatment with the squeegee each copy is of unique character.

PROVENANCE: From the artist.
Private collection Cologne.
Private collection Southern Germany.

Called up: June 9, 2018 - ca. 18.33 h +/- 20 min.

Essay
This work is part of Richter's namesake edition of oil pictures made for the Swiss art magazine "Parkett". Richter inscribed these pictures with his monogram on verso, just as it is the case here, and gave them directly to their first owners. The title specifies the three employed colors and the order in which they were applied onto the canvas. At times the individual color fields show sharp contrasts, at times they merge. Owing to the application of the paint by means of a squeegee, distribution and color gradient can't be predicted. One layer may get stuck to another, they may superimpose one another or simply mix. Coincide plays a key role - all in line with Richter's intention - liberating the artist from the necessity of a consciously executed design or composition and providing an opportunity to create something entirely unpredictable.
951
Gerhard Richter
Grün-Blau-Rot, 1993.
Oil on canvas
Estimate:
€ 200,000 - 300,000

 
$ 240,000 - 360,000

+
 


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Gerhard Richter - Grün-Blau-Rot - Frame image
Frame image
 
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Buyer's premium, taxation and resale right apportionment for Gerhard Richter "Grün-Blau-Rot"
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

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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.
Gerhard Richter - lots sold by Ketterer Kunst