Tuesday 25 May 2021

Lot 43

Richard Smith CBE, British 1931-2016 -   Far Corners, 1979;   acrylic on...

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Lot 43

Richard Smith CBE,
British 1931-2016 -
Far Corners, 1979;
acrylic on...

Price Realised: £10,400

Estimate: £8,000 - £12,000

Price realised is hammer price plus fees (30% Buyers Premium inclusive of VAT).

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Lot 43


Richard Smith CBE,

British 1931-2016 -


Far Corners, 1979;


acrylic on canvas, mixed media construction in three pieces, each signed, titled, dated and numbered on an attached canvas tag 'R Smith Far Corners 79', 240 x 74 cm, 167.5 x 78.2 cm, 88 x 83.5 cm (unframed) (3) (ARR)


Note: with thanks to the Richard Smith Estate for their assistance cataloguing this lot.


This work is one of the kite paintings for which the British artist Richard Smith was particularly well-known, and which were first exhibited in New York in 1971. In these works, Smith essentially deconstructs the painting, drawing attention to the medium of the canvas and stretcher as key elements of the artwork which are all too often overlooked. In transforming the work into a kite in this manner, Smith explores the very nature of a painting, and the boundary between this and sculpture.Kite paintings similar to this lot are in the collection of the Museum of Modern Art in New York and the British Arts Council, and have also been the subject of exhibitions at Flowers Gallery in New York and Gimpel Fils in London.


Smith studied at St Albans School of Art, followed by the Royal College of Art. His first solo exhibition was held at the Green Gallery in New York in 1961. He represented Britain twice at the Venice Biennale, as one of five artists in 1966, and solo in 1970. Smith was also awarded the Grand Prize at the Sao Paolo Biennale in 1967. Smiths work was the subject of a retrospective held at the Tate Gallery in 1975, and are now held in museum collections around the world, including the Tate Gallery in London, the Museum of Modern Art and the Metropolitan Museum of Art in New York, and the Art Gallery of Western Australia in Perth.


Buyer's Premium

The buyer shall pay the hammer price together with a premium thereon of 26% up to £20,000 (31.2% inclusive of VAT), 25% from £20,001 - £500,000 (30% inclusive of VAT), 20% from £500,001 thereafter (24% inclusive of VAT). The premium price is subject to VAT at the standard rate.

VAT is not charged on the hammer price unless it is stated that there is 'VAT applicable on the hammer price at the end of the description. Buyer's premium is subject to VAT.

Qualifying living artists and the descendants of artists deceased within the last 70 years are entitled to receive a re-sale royalty each time their work is bought through an auction house or art market professional.

It applies to lots with hammer value over €1,000 as follows:
0 to €50,000 - 4%, €50,000.01 to €200,000 - 3%
€200,000.01 to €350,000 - 1%,
€350,000.01 to €500,000 - 0.5%
Exceeding €500,000 - 0.25%
ARR is capped at €12,500

Please note ARR is calculated in euros. Auctioneers will apply current exchange rates.

Export of goods

Buyers intending to export goods should ascertain whether an export licence is required before bidding. Export licences are issued by Arts Council England and application forms can be obtained from its Export Licensing Unit. Details can be found on the ACE website www.artscouncil.org.uk or by phoning ACE on 020 7973 5188. The need for import licences varies from country to country and you should acquaint yourself with all relevant local requirements and provisions before bidding. The refusal of any such licences shall not permit the cancelling of any sale nor allow any delay in making full payment for the lot.

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