Sale: 520 / Evening Sale, June 18. 2021 in Munich Lot 121000029

 
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121000029
Victor Vasarely
Niepes, 1973.
Acrylic on cardboard, mounted on panel
Estimate:
€ 60,000 - 80,000

 
$ 70,200 - 93,600

+
Lot description
Niepes. 1973.
Acrylic on cardboard, mounted on panel.
Signed in lower right. Verso of the panel twice signed (once in printed characters), dated, titled as well as inscribed "2709" and minimally differing dimensions. 73 x 73 cm (28.7 x 28.7 in).

• Typical colorful example of the artist's signature style geometric abstraction.
• Using rectangular forms only, Vasarely creates the illusion of a three-dimensional, seemingly hovering sphere.
• Victor Vasarely is both founding member and most important representative of Op-Art.
• Between 1955 and 1964 Vasarely participated in 4 documenta exhibitions.
• In 1972 Vasarely conceived a new rhomb-shaped logo for the car company Renault
.

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, currently compiled by the Fondation Vasarely, Aix-en-Provence.

PROVENANCE: Private collection Sweden.
Private collection Southern Germany (Ketterer Kunst, Munich, May 8, 1999, lot no. 71).

LITERATURE: Ketterer Kunst, Munich, 230th auction, Modern Art, May 8, 1999, lot no. 71 (with color illu.).
"The circle, the square - that's it. With the circle and the square you obtain all possible variations [of plane geometry]."
Victor Vasarely in einem Gespräch mit Albert Scaglione, 1982

 


Buyer's premium, taxation and resale right apportionment for Victor Vasarely "Niepes"
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.