Lot 397
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Raumbeispiel
397
Miriam Cahn
schreck (23.11.13), 2013.
Oil on canvas
Post auction sale: € 30,000 / $ 33,000
schreck (23.11.13). 2013.
Oil on canvas.
Monogrammed and dated verso on the stretcher. 43 x 41 cm (16.9 x 16.1 in). [AW].
• With semi-abstract and often ghostly figures, Cahn explores the complexity of human existence.
• Her ability to achieve maximum impact with minimal means is unique in art.
• The solo exhibition "Reading Dust" is on display at the Stedelijk Museum, Amsterdam, from October 2024 to January 2025.
• Cahn's works are part of renowned international collections, including the Museum of Modern Art, New York; the Tate Modern, London; the Museo Reina Sofía, Madrid; and the Städtische Galerie im Lenbachhaus, Munich.
PROVENANCE: Galerie Meyer Riegger, Berlin.
Private collection, Austria (acquired from the above).
Oil on canvas.
Monogrammed and dated verso on the stretcher. 43 x 41 cm (16.9 x 16.1 in). [AW].
• With semi-abstract and often ghostly figures, Cahn explores the complexity of human existence.
• Her ability to achieve maximum impact with minimal means is unique in art.
• The solo exhibition "Reading Dust" is on display at the Stedelijk Museum, Amsterdam, from October 2024 to January 2025.
• Cahn's works are part of renowned international collections, including the Museum of Modern Art, New York; the Tate Modern, London; the Museo Reina Sofía, Madrid; and the Städtische Galerie im Lenbachhaus, Munich.
PROVENANCE: Galerie Meyer Riegger, Berlin.
Private collection, Austria (acquired from the above).
397
Miriam Cahn
schreck (23.11.13), 2013.
Oil on canvas
Post auction sale: € 30,000 / $ 33,000
Buyer's premium, taxation and resale right compensation for Miriam Cahn "schreck (23.11.13)"
This lot can only be purchased subject to regular taxation, artist‘s resale right compensation is due.
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.
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.
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.
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.