Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 394

 

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.




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.