Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 207


207
Anselm Kiefer
Morgenthau, 2013.
Watercolor
Estimate:
€ 70,000 - 90,000

 
$ 74,900 - 96,300

+
Morgenthau. 2013.
Watercolor.
On firm wove paper. 40.3 x 50.7 cm (15.8 x 19.9 in), the full sheet. [AW].

• Kiefer shows great mastery in bringing complex concepts to pictorial expressions.
• The plan in his Morgenthau depictions is a myth.
• The artist took part in documenta 6, 7 and 8 and designed the German pavilion at the 39th Venice Biennale.
• The Palazzo Strozzi in Florence hosts the grand exhibition "Fallen Angels" from March to July 2024
.

PROVENANCE: Gagosian Gallery, New York (with a gallery label on the reverse)
Private collection Southern Germany.

Called up: June 7, 2024 - ca. 15.55 h +/- 20 min.

In "Morgenthau", Anselm Kiefer addresses the plan of the same name by the American Secretary of the Treasury Henry Morgenthau (1891-1967), which was intended to transform Germany into a completely disarmed and denazified agrarian state after the end of the Second World War. Kiefer, who formulates questions about the German past in many of his works, visualizes Morgenthau's vision of the future in the present work as a magical apparition of nature with mystical light shining over its colors and sounds. [AW]




Buyer's premium, taxation and resale right compensation for Anselm Kiefer "Morgenthau"
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.