Lot 334
Frame image
334
Sam Francis
From Tokyo #4, 1971.
Acrylic on paper
Estimate:
€ 20,000 - 30,000
$ 22,000 - 33,000
From Tokyo #4. 1971.
Acrylic on paper.
Signed on the reverse of the frame backing. On Arches wove paper (with watermark and blindstamp “VÉRITABLE PAPIER D'ARCHES FIN”. 56.5 x 76.5 cm (22.2 x 30.1 in), the full sheet. [EH].
• Sam Francis is one of the most prominent representatives of Action Painting.
• Painted in Tokyo, Japan, where art and culture were a significant influence on the artist's work.
• Typical of the early 1970s, the colors are concentrated into beam-like structures.
• Privately owned since 1973, this is the first time it is offered on the auction market.
The work is registered at the Sam Francis Foundation, Glendale/California, under the numbers “SF70-139;SF71-039” and is listed in the online catalogue raisonné.
PROVENANCE: Andre Emmerich Gallery, Zurich (with a label on the reverse of the frame backing)
Private collection, Southern Germany (acquired from the above in 1973, family-owned ever since).
EXHIBITION: Sam Francis. New Paintings, André Emmerich Gallery, New York, October 27 - November 14, 1973.
Called up: December 7, 2024 - ca. 16.30 h +/- 20 min.
Acrylic on paper.
Signed on the reverse of the frame backing. On Arches wove paper (with watermark and blindstamp “VÉRITABLE PAPIER D'ARCHES FIN”. 56.5 x 76.5 cm (22.2 x 30.1 in), the full sheet. [EH].
• Sam Francis is one of the most prominent representatives of Action Painting.
• Painted in Tokyo, Japan, where art and culture were a significant influence on the artist's work.
• Typical of the early 1970s, the colors are concentrated into beam-like structures.
• Privately owned since 1973, this is the first time it is offered on the auction market.
The work is registered at the Sam Francis Foundation, Glendale/California, under the numbers “SF70-139;SF71-039” and is listed in the online catalogue raisonné.
PROVENANCE: Andre Emmerich Gallery, Zurich (with a label on the reverse of the frame backing)
Private collection, Southern Germany (acquired from the above in 1973, family-owned ever since).
EXHIBITION: Sam Francis. New Paintings, André Emmerich Gallery, New York, October 27 - November 14, 1973.
Called up: December 7, 2024 - ca. 16.30 h +/- 20 min.
Sam Francis traveled to Japan for the first time in 1957. He was immediately deeply impressed by local art and lifestyle, and would return to the country many times.
334
Sam Francis
From Tokyo #4, 1971.
Acrylic on paper
Estimate:
€ 20,000 - 30,000
$ 22,000 - 33,000
Buyer's premium, taxation and resale right compensation for Sam Francis "From Tokyo #4"
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.
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.