394
Werner Tübke
Carneval im Gebirge, 2002.
Oil on canvas
Post auction sale: € 18,000 / $ 19,800
Carneval im Gebirge. 2002.
Oil on canvas.
Signed and dated lower left. Titled by hand verso on the stretcher and marked “G 353” on the folded canvas. 52.5 x 42.5 cm (20.6 x 16.7 in). [AW].
• Werner Tübke is regarded as one of the most important painters of the GDR and, together with Bernhard Heisig, Wolfgang Mattheuer and Heinz Zander, was part of the Leipzig School.
• Imaginative work of Magical Realism with surreal traits.
• Tübke's works are in renowned German collections, including the Städel Museum, Frankfurt am Main, the Museum Ludwig, Cologne, and the Hasso Plattner Collection, Potsdam.
PROVENANCE: Galerie Schwind, Leipzig.
Private collection, Southern Germany.
Oil on canvas.
Signed and dated lower left. Titled by hand verso on the stretcher and marked “G 353” on the folded canvas. 52.5 x 42.5 cm (20.6 x 16.7 in). [AW].
• Werner Tübke is regarded as one of the most important painters of the GDR and, together with Bernhard Heisig, Wolfgang Mattheuer and Heinz Zander, was part of the Leipzig School.
• Imaginative work of Magical Realism with surreal traits.
• Tübke's works are in renowned German collections, including the Städel Museum, Frankfurt am Main, the Museum Ludwig, Cologne, and the Hasso Plattner Collection, Potsdam.
PROVENANCE: Galerie Schwind, Leipzig.
Private collection, Southern Germany.
394
Werner Tübke
Carneval im Gebirge, 2002.
Oil on canvas
Post auction sale: € 18,000 / $ 19,800
Buyer's premium, taxation and resale right compensation for Werner Tübke "Carneval im Gebirge"
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.