Lot 405 
Raumbeispiel
405
André Butzer & Jayme Burtis
Untitled, 2021.
Acrylic on panel
Post auction sale: € 27,000 / $ 29,700
Untitled. 2021.
Acrylic on panel.
Signed by both artists on the reverse. Inscribed with the date "'21" by A. Butzer. 56 x 76 cm (22 x 29.9 in). [EH].
• André Butzer and Jayme Burtis teamed up as “Painters of the San Gabriel Mountains pt. 2” in 2018.
• Artist collaborations are typical of André Butzer's work.
• Works by the two artists appeared in exhibitions at, among other places, Sundays Gallery – #sølvgade19 at Xtra Space, Copenhagen, and Nino Mier Gallery, Los Angeles.
• Jayme Burtis (aka VISION) has roots in the L.A. graffiti scene, and his tags perfectly complement André Butzer's paintings.
PROVENANCE: SAUVAGE, Düsseldorf.
Private collection, Hesse.
EXHIBITION: Jayme Burtis / André Butzer. Angels will rise, Espace SAUVAGE, Düsseldorf, June 16 - August 28, 2021.
https://copenhagen-contemporary.dk/qa-andre-butzer-jayme-burtis/
Acrylic on panel.
Signed by both artists on the reverse. Inscribed with the date "'21" by A. Butzer. 56 x 76 cm (22 x 29.9 in). [EH].
• André Butzer and Jayme Burtis teamed up as “Painters of the San Gabriel Mountains pt. 2” in 2018.
• Artist collaborations are typical of André Butzer's work.
• Works by the two artists appeared in exhibitions at, among other places, Sundays Gallery – #sølvgade19 at Xtra Space, Copenhagen, and Nino Mier Gallery, Los Angeles.
• Jayme Burtis (aka VISION) has roots in the L.A. graffiti scene, and his tags perfectly complement André Butzer's paintings.
PROVENANCE: SAUVAGE, Düsseldorf.
Private collection, Hesse.
EXHIBITION: Jayme Burtis / André Butzer. Angels will rise, Espace SAUVAGE, Düsseldorf, June 16 - August 28, 2021.
https://copenhagen-contemporary.dk/qa-andre-butzer-jayme-burtis/
405
André Butzer & Jayme Burtis
Untitled, 2021.
Acrylic on panel
Post auction sale: € 27,000 / $ 29,700
Buyer's premium, taxation and resale right compensation for André Butzer & Jayme Burtis "Untitled"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
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.
Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.
Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
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.