Lot 483 
Raumbeispiel
483
Giorgio de Chirico
Piazza d'Italia, 1969.
Oil over a lithograph, laid on canvas
Post auction sale: € 70,000 / $ 73,500
Piazza d'Italia. 1969.
Oil over a lithograph, laid on canvas.
Signed in lower right. Unique work owing to the overpainting. 50 x 70 cm (19.6 x 27.5 in).
The basis of this work is the lithograph of the same name (Brandani 70), however, with an altered motif. An arch was added to the arcade in right and left, which deepens the perspective. The canvas was painted over up to the border.
• Mysterious scenery full of surreal moments.
• Dream-like city view typical of de Chirico with exceptional shadowing and brilliant perspective construction.
• Giorgio de Chirico is the main representative of the "Pittura metafisica" and one of the most important forerunners of Surrealism.
• The artist's works are in renowned international museums like the Museum of Modern Art, New York, the Pinakothek der Moderne, Munich, the Vatican Museums, Rome, and the Peggy Guggenheim Collection, Venice.
Accompanied by a photo authentication issued by Isabella de Chirico, Rome, on June 10. 1978.
Accompanied by a writing from Prof. Paolo Picozza, Fondazione Giorgio e Isa de Chirico, from February 27, 2009, in which he confirms both the technique and the mentioned photo authentication.
PROVENANCE: Galerie d'Eendt, Amsterdam.
Private collection Netherlands.
LITERATURE: Cf. Edoardo Brandani (ed.)/Giorgio Di Genova/Patrizia Bonfiglioli, Giorgio de Chirico. Catalogo dell’opera grafica 1969-1977, Bologna 2015, no. 70 (for the lithograph).
Oil over a lithograph, laid on canvas.
Signed in lower right. Unique work owing to the overpainting. 50 x 70 cm (19.6 x 27.5 in).
The basis of this work is the lithograph of the same name (Brandani 70), however, with an altered motif. An arch was added to the arcade in right and left, which deepens the perspective. The canvas was painted over up to the border.
• Mysterious scenery full of surreal moments.
• Dream-like city view typical of de Chirico with exceptional shadowing and brilliant perspective construction.
• Giorgio de Chirico is the main representative of the "Pittura metafisica" and one of the most important forerunners of Surrealism.
• The artist's works are in renowned international museums like the Museum of Modern Art, New York, the Pinakothek der Moderne, Munich, the Vatican Museums, Rome, and the Peggy Guggenheim Collection, Venice.
Accompanied by a photo authentication issued by Isabella de Chirico, Rome, on June 10. 1978.
Accompanied by a writing from Prof. Paolo Picozza, Fondazione Giorgio e Isa de Chirico, from February 27, 2009, in which he confirms both the technique and the mentioned photo authentication.
PROVENANCE: Galerie d'Eendt, Amsterdam.
Private collection Netherlands.
LITERATURE: Cf. Edoardo Brandani (ed.)/Giorgio Di Genova/Patrizia Bonfiglioli, Giorgio de Chirico. Catalogo dell’opera grafica 1969-1977, Bologna 2015, no. 70 (for the lithograph).
Painting over printed templates was already common practice in the late 19th century. The master himself created a large number of variations of the "Piazza d'Italia", one of de Chirico's most popular motifs. With a stage-like architecture and the robe sculpture resting or standing on a base, the basic idea was always the same. With his pictorial inventions, de Chirico, a native Greek, created a new Hellas in Italy. Surrealism in his compositions takes a back seat to classic forms. A kind of mystical mood is created by citing various European cultures, classic, medieval and modern times at once, thus achieving a kind of state of suspense.
De Chirico is one of the central figures of 20th century art. As a pioneer of the "Pittura metafisica" he has a far-reaching influence on the subsequent stylistic developments of Surrealism, New Objectivity and Magical Realism. [CH]
De Chirico is one of the central figures of 20th century art. As a pioneer of the "Pittura metafisica" he has a far-reaching influence on the subsequent stylistic developments of Surrealism, New Objectivity and Magical Realism. [CH]
483
Giorgio de Chirico
Piazza d'Italia, 1969.
Oil over a lithograph, laid on canvas
Post auction sale: € 70,000 / $ 73,500
Buyer's premium, taxation and resale right compensation for Giorgio de Chirico "Piazza d'Italia"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % 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 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
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.
We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.
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.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % 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 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
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.
We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.
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.