Wednesday 27 November 2024

Lot 207

Robert Adams, British 1917-1984 - Vertical Movement No.1, Opus 117, 1960;  bronzed steel, unique,...

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Lot 207

Robert Adams, 
British 1917-1984 - 
Vertical Movement No.1, Opus 117, 1960;  
bronzed steel, unique,...

Price Realised: £5,248

Estimate: £4,000 - £6,000

Price realised is hammer price plus fees (31.2% Buyers Premium inclusive of VAT).

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Lot 207

Description

Robert Adams, 
British 1917-1984 - 

Vertical Movement No.1, Opus 117, 1960;  

bronzed steel, unique, approx. H160 x W70 x D11.5 cm when hanging (ARR) 

Provenance: 
the Estate of the Artist; 
private collection, purchased from the above 

Exhibited: 
Gimpel Fils, London, 'Robert Adams', 1960, no.27; 
British Pavilion, XXXI Biennale, Venice, One-man retrospective of 29 sculptures of 1951-62, 1962; 
Camden Arts Centre, London, 'Robert Adams', 1971, Arts Council Touring Exhibition 

Literature: 
A. Grieve, 'The Sculpture of Robert Adams', London, 1992, p.194, no.327, illus. p.195 

Note: 
Adams was one of the most innovative and important artists working in Post-War Britain, developing a distinct abstract language alongside his contemporaries Kenneth Martin and Victor Pasmore. His work was included in the celebrated British Pavilion at the Venice Biennale 1952, alongside Kenneth Armitage, Reg Butler, Lynn Chadwick, Geoffrey Clarke, Bernard Meadows, Eduardo Paolozzi and William Turnbull, after which critic Herbert Read dubbed the young group's shared aesthetic the 'Geometry of Fear'. 

Adams's works are now in public collections internationally including the Arts Council Collection, the Tate Gallery, London, the Museum of Modern Art, New York and the Smithsonian Institute, Washington, D.C. 

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
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.
(ARR) - ARTIST'S RESALE RIGHT

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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