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Sale: 469 / Contemporary Art, June 09. 2018 in Munich Lot 833

Lot description
Seated Ballerina. 2015.
Multiple . Hand-carved and hand-painted wooden sculpture.
With engraved signature, date and number on underside. From an edition of 50 numbered copies. 45.7 x 43.3 x 24.6 cm (17.9 x 17 x 9.6 in).
In original cardboard box and with explanations on the object's handling and care.

"I trust that the seated ballerina will give hope and optimism for the future to people of any age"
Jeff Koons, on occasion of the unveiling of the "Seated Ballerina" in front of Rockefeller Center in New York in May 2017.

Jeff Koons
Seated Ballerina, 2015.
Post auction sale: € 60,000 / $ 72,000

More Images
Jeff Koons - Seated Ballerina - Back side
Back side
Jeff Koons - Seated Ballerina -
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Buyer's premium, taxation and resale right apportionment for Jeff Koons "Seated Ballerina"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 1.5% plus statutory sales tax.
Jeff Koons - lots sold by Ketterer Kunst