Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 344

 

344
Louise Lawler
La Reserve, 1988.
Cibachrome print
Estimate:
€ 18,000 - 22,000

 
$ 19,800 - 24,200

+
La Reserve. 1988.
Cibachrome print.
Signed, dated, numbered and with the artist's address stamp on the reverse. From an edition of 5 copies. Visible area: 68.6 x 100 cm (27 x 39.3 in).
Not unframed for cataloging. [EH].

• Louise Lawler keenly observes the paths that artworks follow after their creation.
• Like Cindy Sherman, she adopts a postmodern conceptual approach in her work – as a voyeur in the art world.
• The artist's works are represented in the collections of Tate Modern, London, Centre Pompidou, Paris, Los Angeles County Museum of Art, and Museum of Modern Art, New York, among others
.

PROVENANCE: Metro Pictures Gallery, New York (with a typographically inscribed label on the reverse of the frame).
Private collection, Bavaria.

Called up: December 7, 2024 - ca. 16.43 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Louise Lawler "La Reserve"
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.