Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 329

 

329
Fritz Winter
Spätsommer, 1960.
Oil on canvas
Estimate:
€ 50,000 - 70,000

 
$ 55,000 - 77,000

+
Spätsommer. 1960.
Oil on canvas.
Signed and dated lower right. Signed, dated and titled on the reverse of the canvas. 97 x 135.5 cm (38.1 x 53.3 in). [AW].

• A varied and expressive depiction with select color contrasts.
• Winter elevated the dense weave of various color expressions to a synesthetic experience.
• Since participating in document I (1955), he has been considered one of the leading representatives of German Art Informel and Abstract Post-War Modernism.
• Winter has had exhibitions in the United States since the 1950s and has featured in two exhibitions at the Museum of Modern Art in New York, among others
.

PROVENANCE: Fritz Winter Foundation, Munich (inv. no. 164).
Galerie Stangl, Munich.
Private collection, Southern Germany (acquired from the above in 1990).

EXHIBITION: Fritz-Winter-Haus, Ahlen (with an exhibition label on the reverse of the stretcher).

LITERATURE: Gabriele Lohberg, Fritz Winter. Leben und Werk mit Werkverzeichnis der Gemälde und einem Anhang der sonstigen Techniken, Munich 1986, no. 2268 (illustrated).

Called up: December 7, 2024 - ca. 16.23 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Fritz Winter "Spätsommer"
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.