• Post-War and Contemporary Art auction at Christies

    Sale 2833

    Post-War and Contemporary Art

    1 December 2009, Amsterdam

  • Lot 82

    Panamarenko (b. 1940)

    Umbilly Ritz

    Price Realised  

    Estimate

    Panamarenko (b. 1940)
    Umbilly Ritz
    signed and numbered 'Panamarenko III/III' (on the perspex base)
    engine, metal, bakelite, nylon, mylar, felt pen, Tipp-ex, felt and current supply wire
    36 x 46 x 30 cm. (incl. the base);
    171 cm. high (incl. the perspex showcase)
    Executed in 1997 in an edition of twenty-four plus three artist's proofs, this is AP number II


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    Special Notice

    Artist's Resale Right ("Droit de Suite"). Artist's Resale Right Regulations 2006 apply to this lot, the buyer agrees to pay us an amount equal to the resale royalty provided for in those Regulations, and we undertake to the buyer to pay such amount to the artist's collection agent.
    Christie’s charges a premium to the buyer on the Hammer Price of each lot sold at the following rates: 29.75% of the Hammer Price of each lot up to and including €20,000, plus 23.8% of the Hammer Price between €20,001 and €800.000, plus 14.28% of any amount in excess of €800.000. Buyer’s premium is calculated on the basis of each lot individually.


    Provenance

    DeWeer Gallery, Otegem, where acquired by the present owner.


    Saleroom Notice

    Please note that the present lot is from an edition of twenty-four plus three Artist Proofs, this is AP number III.


    Literature

    Jamar, Pananarenko Multiples, Vol. II, Antwerp 2002, no. 75.