Sale: 500 / Evening Sale, July 17. 2020 in Munich Lot 120000324

Josef Albers
Homage to the Square, 1962.
€ 150,000 - 200,000

$ 171,000 - 228,000

Lot description
Homage to the Square. 1962.
Oil on fiberboard with canvas structure.
Lower right monogrammed "A" and dated. Verso with hand-written annotations on the composition's arrangemente and the paint application. 45.5 x 45.5 cm (17.9 x 17.9 in). [JS].

• Lovely composition consisteing warm shades of cobalt yellow, ochre and gold-green with a bright center.
• From the famous series "Homage to the Square" which laid the foundation for the international acclaim of the Bauhaus artist.
• A similar work from the series "Homage to the Square" in likewise green and yellow combination is in possession of the Solomon R. Guggenheim Museum, New York

The work is registered at the archive of the Josef and Anni Albers Foundation Bethany, Conneticut. The work will be included into the forthcoming catalog raisonné.

PROVENANCE: Estate of Josef Albers.
Josef Albers Foundation.
Galerie Denise René, Paris (verso with the label).
Private collection Milan/Paris (acquired from afoementioned in 1984 - 2017).

"In visual perception a color is almost never seen as it really is - as it physically is. This fact makes color the most relative medium in art."
Josef Albers, Interaction of Color, Einleitung, Yale University Press 1963.


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Buyer's premium, taxation and resale right apportionment for Josef Albers "Homage to the Square"
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.