PROPERTY FROM A PRIVATE SWISS COLLECTION
Piet Mondrian (1872-1944)

Composition No. II with Blue and Yellow

Price realised GBP 12,402,500
Estimate
GBP 8,000,000 – GBP 12,000,000
Estimates do not reflect the final hammer price and do not include buyer's premium, and applicable taxes or artist's resale right. Please see Section D of the Conditions of Sale for full details.
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Piet Mondrian (1872-1944)

Composition No. II with Blue and Yellow

Price realised GBP 12,402,500
Closed: 4 Feb 2014
Price realised GBP 12,402,500
Closed: 4 Feb 2014
Details
Piet Mondrian (1872-1944)
Composition No. II with Blue and Yellow
signed with the initials and dated ‘PM 30’ (lower centre); signed and inscribed ‘HAUT Composition No. II P.MONDRIAN’ (on the frame)
oil on canvas; in the artist’s frame
19.7/8 x 19¾ in. (50.5 x 50.2 cm.)
Painted in 1930
Provenance
Private collection, Zurich, by whom acquired directly from the artist in 1931, and thence by descent to the present owners.
Literature
M. Seuphor, Piet Mondrian, Life and Work, New York, 1956, no. 514.
C.L. Ragghianti, Mondrian e l’arte del XX Secolo, Milan, 1962, no. 338.
C. Giedion-Welcker, Schriften 1926-1971, Stationen zu einem Zeitbild, Mit Briefen von Arp, Chillida, Ernst, Giacometti, Joyce, Le Corbusier, Mondrian, Schwitters, Cologne, 1973, no. V (illustrated).
A. Roth, Begegnungen mit Pionieren: Le Corbusier, Piet Mondrian, Adolf Loos, Josef Hoffmann, Auguste Perret, Henry van de Velde, Basel, 1973, no. 35, pp. 160-161 (illustrated p. 161).
M.G. Ottolenghi, L'opera completa di Mondrian, Milan, 1974, no. 394.
J.M. Joosten, Piet Mondrian, Catalogue Raisonné of the Work of 1911-1944, vol. II, New York, 1998, no B 225, p. 357 (illustrated).
Exhibited
Brussels, Palais des Beaux Arts, L’Art Vivant en Europe, April – May 1931, no. 383.
Basel, Kunsthalle, Konstruktivisten, January – February 1937, no. 49.
Zurich, Kunsthaus, Ausländische Kunst, July – September 1943, no. 611.
Basel, Kunsthalle, Konkrete Kunst, March – April 1944, no. 173.
The Hague, Gemeentemuseum, Mondrian, February – April 1955, no. 117.
Zurich, Kunsthaus, Mondrian, May – July 1955, no. 96 (illustrated p. 53).
Zurich, Kunsthaus, on loan April - December 1982.
The Hague, Gemeentemuseum, Piet Mondrian 1972-1944, December 1994 - April 1995, no. 129; this exhibition later travelled to Washington, National Gallery of Art and New York, Museum of Modern Art.
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. On occasion, Christie’s has a direct financial interest in lots consigned for sale, which may include guaranteeing a minimum price or making an advance to the consignor that is secured solely by consigned property. Christie’s may choose to assume this financial risk on its own or may contract with a third party for such third party to assume all or part of this financial risk. When a third party agrees to finance all or part of Christie’s interest in a lot, it takes on all or part of the risk of the lot not being sold, and will be remunerated in exchange for accepting this risk out of Christie’s revenues from the sale, whether or not the third party is a successful bidder. The third party may bid for the lot and may or may not have knowledge of the reserves. Where it does so, and is the successful bidder, the remuneration may be netted against the final purchase price. If the lot is not sold, the third party may incur a loss. Christie’s guarantee of a minimum price for this lot has been fully financed through third parties These lots have been imported from outside the EU for sale using a Temporary Import regime. Import VAT is payable (at 5%) on the Hammer price. VAT is also payable (at 20%) on the buyer’s Premium on a VAT inclusive basis. When a buyer of such a lot has registered an EU address but wishes to export the lot or complete the import into another EU country, he must advise Christie's immediately after the auction.

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