Sale: 561 / Contemporary Day Sale, Dec. 07. 2024 in Munich Lot 336

 

336
Emil Schumacher
Albia, 1977.
Oil on canvas
Estimate:
€ 60,000 - 80,000

 
$ 65,400 - 87,200

+
Albia. 1977.
Oil on canvas.
Signed lower right. Titled, dated and inscribed with the dimensions verso on the stretcher. 130.5 x 96 cm (51.3 x 37.7 in). [AW].

• An outstanding, powerful work in the typical style of Art Informel.
• Schumacher liberated color from form, and line from figurative motifs.
• He participated in documenta II, III and 6 in Kassel in 1959, 1964 and 1977.
• Emil Schumacher's works are in the collections of the Kunsthalle Hamburg, the Staatsgalerie Stuttgart, the Metropolitan Museum of Art, New York, as well as in the Vatican Museums, Rome
.

The work is registered at the Emil Schumacher Archive, Emil Schumacher Museum, Hagen, under the inventory number “0/21”.

PROVENANCE: Galerie Hans Strelow, Düsseldorf (seit ca. 1984).
Private collection, Berlin (from the above).

EXHIBITION: Fritz Winter House, Ahlen, April 28 - May 31, 1979, cat. no. 5 (with an exhibition label on the reverse of the stretcher).
Emil Schumacher. Bilder, Gouaches, Zeichnungen, Galerie Merten Slominsky, Mühlheim, February 28 - April 18, 1980; Galerie Alice Pauli, Lausanne, May 13 - June 28, 1980; Galerie István Schlégl, Zurich, November 21, 1980 - January 10, 1981, cat. no. 8.

Emil Schumacher, quoted from: Emil Schumacher. Farben sind Feste für die Augen. zum 100. Geburtstag, Ernst Barlach Haus, Hamburg 2012/13, p. 91.

Called up: December 7, 2024 - ca. 16.33 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Emil Schumacher "Albia"
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.