Lot 165 
Raumbeispiel
165
Blinky Palermo
Treppenhaus, 1970.
Ink on blue square paper
Post auction sale: € 30,000 / $ 31,500
Treppenhaus. 1970.
Ink on blue square paper.
Lower right signed and dated. Lower left titled and inscribed "m 1:10". Collaged by the artist on six sheets of paper. 57.8 x 118.3 cm (22.7 x 46.5 in), size of sheet.
Construction drawing for one of Palermo's early murals, executed at Galerie Konrad Fischer in Düsseldorf in the same year. [JS] .
• Construction drawing for one of Palermo's famous murals.
• Executed as a mural in emulsion paint over a width of 10 meters at Galerie Konrad Fischer, Düsseldorf, on the occasion of the exhibition "Palermo. Treppenhaus" (April 7 - September 2. 1970).
• Almost all of Palermo's legendary minimalist murals no longer exist and are only documented by drawings and photographic material.
• Outstanding testimony to Palermo's quest to trangress the boundaries of painting: The gallery became a real pictorial space through the spatial dissolution of the color.
PROVENANCE: Galerie Fred Jahn, Munich.
Private collection (acquired from the above).
LITERATURE: Cf. for the murals (selection):
Blinky Palermo, sediment. Mitteilungen zur Geschichte des Kunsthandels, ed. by Zentralarchiv des deutschen Kunsthandels ZADIK, issue 15, Cologne 2008, pp. 18ff. and illu. doc. 2.4., p. 78.
Palermo. Werke 1963-1977, ex. cat. Kunstmuseum Winterthur / Kunsthalle Bielefeld / Stedelijk van Abbemuseum, Eindhoven, 1984, fig. p. 79.
Ink on blue square paper.
Lower right signed and dated. Lower left titled and inscribed "m 1:10". Collaged by the artist on six sheets of paper. 57.8 x 118.3 cm (22.7 x 46.5 in), size of sheet.
Construction drawing for one of Palermo's early murals, executed at Galerie Konrad Fischer in Düsseldorf in the same year. [JS] .
• Construction drawing for one of Palermo's famous murals.
• Executed as a mural in emulsion paint over a width of 10 meters at Galerie Konrad Fischer, Düsseldorf, on the occasion of the exhibition "Palermo. Treppenhaus" (April 7 - September 2. 1970).
• Almost all of Palermo's legendary minimalist murals no longer exist and are only documented by drawings and photographic material.
• Outstanding testimony to Palermo's quest to trangress the boundaries of painting: The gallery became a real pictorial space through the spatial dissolution of the color.
PROVENANCE: Galerie Fred Jahn, Munich.
Private collection (acquired from the above).
LITERATURE: Cf. for the murals (selection):
Blinky Palermo, sediment. Mitteilungen zur Geschichte des Kunsthandels, ed. by Zentralarchiv des deutschen Kunsthandels ZADIK, issue 15, Cologne 2008, pp. 18ff. and illu. doc. 2.4., p. 78.
Palermo. Werke 1963-1977, ex. cat. Kunstmuseum Winterthur / Kunsthalle Bielefeld / Stedelijk van Abbemuseum, Eindhoven, 1984, fig. p. 79.
165
Blinky Palermo
Treppenhaus, 1970.
Ink on blue square paper
Post auction sale: € 30,000 / $ 31,500
Buyer's premium, taxation and resale right compensation for Blinky Palermo "Treppenhaus"
This lot can only be purchased subject to regular taxation, artist‘s resale right compensation is due.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.
Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.
The artist‘s resale right compensation is VAT-exempt.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
The statutory VAT of currently 19 % is levied to the sum of hammer price and premium. As an exception, the reduced VAT of 7 % is added for printed books.
Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.
The artist‘s resale right compensation is VAT-exempt.