Sale: 534 / Contemporary Art Day Sale, Dec. 09. 2022 in Munich Lot 166

 

166
Serge Poliakoff
Composition abstraite, 1962.
Oil on canvas
Estimate:
€ 50,000 - 70,000

 
$ 50,000 - 70,000

+
Composition abstraite. 1962.
Oil on canvas.
Poliakoff 62-21. Monogrammed in bottom center. Signed on the reverse. 27.2 x 35.5 cm (10.7 x 13.9 in).
The work is registered at the Archives Serge Poliakoff, Paris, with the number 962022.
• Through a reduced palette and a concentrated composition, Poliakoff's works from the 1960s are characterized by an outstanding expressiveness.
• Characteristic composition with an extremely fascinating color dispersion.
• Serge Poliakoff is one of the most important European representatives of Color Field Painting
.

We are grateful to Mr Thaddée Poliakoff for his kind expert advice.

PROVENANCE: Collection Claude de Muzac, Paris (with the label on the reverse).
Galerie Dr. Gunzenhauser, Munich.
Private collection Southern Germany.
Private collection Northern Germany.

LITERATURE: Inventory catalog of Galerie Dr. Alfred Gunzenhauser, 1987/88, pp. 64-65.

Called up: December 9, 2022 - ca. 14.58 h +/- 20 min.

Born in Moscow, Serge Poliakoff is considered one of the most important color field painters of the 20th century. After figurative beginnings, he created his first abstract paintings in 1940, which would soon help him to a first big success: The first exhibition of his abstract paintings opened in Paris in 1945, and in 1947 he was awarded the Kandinsky Prize for emerging abstract painters. The first museum purchased one of his paintings for its collection as early as in 1948.
The present work from the early 1960s is from Serge Poliakoff's mature creative period. Although the painter developed the characteristic style of his works in a comparatively short time, he subsequently changed his pictorial language only slightly. In a preface to the catalogue raisonné of paintings, Alexis Poliakoff writes about his father's working method: "The frame [..] seemed to be an extension of his own being. There was no preparatory outline or sketch, the composition formed itself on the canvas [..]." (Alexis Poliakoff, Serge Poliakoff. Catalogue raisonné, vol. III: 1959-1962, Paris 2011, p. 10) A significant change that Poliakoff incorporated into his practice even later, demonstrates a characteristic trait of his painting: he abandoned the line as the means to determine the form of his color fields, instead he allows the color edges to collide, thus allowing for their multifaceted and process-like interlocking, which would decisively give distinction to the appearance of his later works. This way he succeeded in enhancing the expressive power of his paintings and characterized their compositions in an even more differentiated way. The coloring was also subject to change at this time: While Poliakoff still used a comparatively rich palette of colors in the 1940s, he increasingly restricted it in the course of the 1950s. In the painting offered here, the stringent and mature style of the early 1960s becomes obvious. Poliakoff seems to increasingly condense the forms and reduces the colors until each color field itself receives its greatest possible expressive power. [AM]



 

Buyer's premium, taxation and resale right compensation for Serge Poliakoff "Composition abstraite"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.

Differential taxation:
Hammer price up to 500,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 2,500,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 500,000 €: herefrom 25 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 20% and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 2,500,000 €.
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.