Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 113


113
Rupprecht Geiger
OE 264, 1957.
Oil on canvas
Estimate:
€ 70,000 - 90,000

 
$ 74,900 - 96,300

+
OE 264. 1957.
Oil on canvas.
Signed on the reverse of the strether, signed, dated, titled and inscribed with the dimensions on the stretcher. 175 x 145 cm (68.8 x 57 in). [AW].

• Red is the most important color in Geiger's oeuvre.
• Powerful modulation in an early painting by Rupprecht Geiger that is captivating for its gentle oscillation between different color values.
• Paintings from the late 1950s and early 1960s are among the artist's most sought-after works on the international auction market (source: artprice.com)
.

PROVENANCE: Galerie Schurr, Stuttgart.
Private collection Southern Germany (acquired from the above).

EXHIBITION: Rupprecht Geiger. Retrospektive, Akademie der Künste, Berlin, February 10 - March 17, 1985; Wilhelm-Hack-Museum, Ludwigshafen a. Rh., April 14 - June 2, 1985; Städtische Kunsthalle Düsseldorf, June 21 - July 21, 1985, cat. no. 67.

LITERATURE: Rupprecht Geiger Gesellschaft, Städtische Galerie im Lenbachhaus, Munich (ed.), edited by Pia Dornacher and Julia Geiger, Rupprecht Geiger. Catalogue raisonné 1942-2002. Gemälde und Objekte, architekturbezogene Kunst, Munich 2003, no. 211 (illu. in color on p. 94).

Called up: June 7, 2024 - ca. 13.48 h +/- 20 min.

For Rupprecht Geiger, color is not just color; it opens up a sphere of its own, a special spiritual level, and captivates the viewer. And it is the color red that would remain at the heart of Rupprecht Geiger's work throughout his life. The delicate gradient of the intensely bright red tones in combination with a small white contrasting window captivates the eye. The work reveals a sense of depth and, in keeping with the artist's intentions, various possible associations arise.
Rupprecht Geiger was born the only child of the painter and graphic artist Willi Geiger in Munich in 1908. He spent his childhood both in Munich and at the foothills of the Upper Bavarian Alps. In 1924, the family went to Spain for a year, a time when Geiger began making drawings and watercolors. Back in Munich, he enrolled in a degree course in architecture, which he completed in 1935. In 1940, he was drafted and deployed directly to the front in Russia. After the end of the war, Geiger returned to Munich and his first abstract painting was exhibited at the Salon des Réalistes Nouvelles in Paris in 1948. The following year, he founded the group "ZEN 49" together with Willi Baumeister, Fritz Winter, and others. In 1959, Geiger was awarded the Solomon Guggenheim Prize in New York, the same year he took part in the Biennale in Sao Paulo and the documenta II in Kassel. This artistically pivotal phase for Geiger also saw the creation of "OE 264". Color becomes a means of expression for Geiger. Red and blue characterize the impressive artistic work of the color field painter, first used in composition and then somewhat later separately as independent color values. "OE 264" is an early example in which Geiger has completed the separation of the color values and fully devotes himself to the color of blood and fire. He unleashes an extreme energy on the canvas; it seems as if we are absorbed by a blood-red cosmos in the center of the picture. But Geiger does not neglect form either, usually reducing it to a few geometric elements such as circles or, in our case, rectangles. A small white rectangle at the bottom left of the picture appears like a small window in the sky. Geiger thus brings the composition into a wonderful, almost floating balance. [AW]




Buyer's premium, taxation and resale right compensation for Rupprecht Geiger "OE 264"
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.