161
Blinky Palermo
4 Prototypen, 1970.
4 Silkscreen in colors
Estimate:
€ 18,000 - 22,000
$ 19,080 - 23,320
4 Prototypen. 1970.
4 Silkscreen in colors.
Jahn 7. Each signed, dated and numbered. From an edition of 90 copies. On cardboard by Bistrol . Each 59.6 x 60 cm (23.4 x 23.6 in), size of sheet.
Printed at Serigraphisches Atelier Laube, Munich, published by Galerie Heiner Friedrich, Munich at Verlag G. v. Pape, Munich 1970. Lacking original portfolio. [JS].
• The oeuvre that Blinky Palermo created until his sudden death on the Maldives at the age of 33 is small and of outstanding art-historical significance.
• Alongside Gerhard Richter and Sigmar Polke, Palermo made the most significant contribution to German art of the 1960s and 70s.
• Palermo's made only 37 prints and editions, including just 9 multi-part works.
• Another copy is in the collection of the Museum Modern Art, New York.
"Palermo made several works using isosceles triangles, starting with Tagtraum I 1965 and culminating in Blaues Dreieck, which was installed at the Palais des Beaux-Arts in Brussels in 1970, where blue triangles were painted onto the walls and evenly spaced. [..] [A]rt historian Benjamin H. D. Buchloh has related the shapes to the triangular forms in pre-war utopian constructivist abstraction and to Joseph Beuys's Fat Corner of 1963 (see Buchloh, 'The Palermo Triangles', in Los Angeles County Museum of Art 2010). Buchloh has also emphasised the importance of the work Yves Klein to Palermo in the latter's use of ultramarine. Palermo is one of the most important artists to have emerged in Germany in the 1960s."
Mark Godfrey, for The Tate Collection, quoted from: https://www.tate.org.uk/art/artworks/palermo-blaues-dreieck-t13802
Called up: December 8, 2023 - ca. 14.21 h +/- 20 min.
4 Silkscreen in colors.
Jahn 7. Each signed, dated and numbered. From an edition of 90 copies. On cardboard by Bistrol . Each 59.6 x 60 cm (23.4 x 23.6 in), size of sheet.
Printed at Serigraphisches Atelier Laube, Munich, published by Galerie Heiner Friedrich, Munich at Verlag G. v. Pape, Munich 1970. Lacking original portfolio. [JS].
• The oeuvre that Blinky Palermo created until his sudden death on the Maldives at the age of 33 is small and of outstanding art-historical significance.
• Alongside Gerhard Richter and Sigmar Polke, Palermo made the most significant contribution to German art of the 1960s and 70s.
• Palermo's made only 37 prints and editions, including just 9 multi-part works.
• Another copy is in the collection of the Museum Modern Art, New York.
"Palermo made several works using isosceles triangles, starting with Tagtraum I 1965 and culminating in Blaues Dreieck, which was installed at the Palais des Beaux-Arts in Brussels in 1970, where blue triangles were painted onto the walls and evenly spaced. [..] [A]rt historian Benjamin H. D. Buchloh has related the shapes to the triangular forms in pre-war utopian constructivist abstraction and to Joseph Beuys's Fat Corner of 1963 (see Buchloh, 'The Palermo Triangles', in Los Angeles County Museum of Art 2010). Buchloh has also emphasised the importance of the work Yves Klein to Palermo in the latter's use of ultramarine. Palermo is one of the most important artists to have emerged in Germany in the 1960s."
Mark Godfrey, for The Tate Collection, quoted from: https://www.tate.org.uk/art/artworks/palermo-blaues-dreieck-t13802
Called up: December 8, 2023 - ca. 14.21 h +/- 20 min.
161
Blinky Palermo
4 Prototypen, 1970.
4 Silkscreen in colors
Estimate:
€ 18,000 - 22,000
$ 19,080 - 23,320
Buyer's premium, taxation and resale right compensation for Blinky Palermo "4 Prototypen"
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.