Sale: 519 / Post War / Cont. Art II, June 18. 2021 in Munich Lot 121000017

 
121000017
Victor Vasarely
LLA, 1968/1973.
Acrylic on canvas
Estimate:
€ 60,000 - 80,000

 
$ 70,200 - 93,600

+
Lot description
LLA. 1968/73.
Acrylic on canvas.
Signed in lower right. Verso of the canvas twice signed (once in printed characters), dated "1968-73" and titled as well as inscribed "2612" and with minimally differing dimensions. 124.5 x 69.5 cm (49 x 27.3 in).
The date refers to both the year the work was conceived and the year it was realized.
• Victor Vasarely was one of the founding members of Op-Art and one of its most prominent representatives.
• His psychedelic colorful pictures vex the observer with their perceptual illusion.
• In terms of color, format and form the work reflects the famous "Olympic Poster" of the 1972 Munic Olympics
.

The authenticity of the present work has been confirmed by Pierre Vasarely, President of the Fondation Vasarely, universal legatee and the moral right holder of Victor Vasarely. This work will be included in the forthcoming Catalogue Raisonné de l’Oeuvre Peint de Victor Vasarely, which is currently being compiled by the Fondation Vasarely, Aix-en-Provence.

PROVENANCE: Galerie Heseler, München.
Private collection Southern Germany (acquired from aforementoned in the 1990s).

Hypnotic motifs, vibrant forms and flickering patterns: The master of optical illusion puts our vision to the test."
From a text for the exhibition "Vasarely. Im Labyrinth der Moderne", Städel Museum, Frankfurt am Main, September 26, 2018 - January 13, 2019.

 


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Buyer's premium, taxation and resale right apportionment for Victor Vasarely "LLA"
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 2.4% including statutory sales tax.