Sale: 495 / Post War / Contemporary Art, Dec. 07. 2019 in Munich Lot 252

Otto Piene
Feuergouache, 1962.
Mixed media
Post auction sale: € 15,000 / $ 16,500
Lot description
Feuergouache. 1962.
Mixed media , pigment and fire.
Signed and dated in lower right. LInscribed by hand "19" in lower right. On light board. 31 x 43.5 cm (12.2 x 17.1 in) , the full sheet.

From the first series of the fire gouaches.
Monochrome color aesthetics
Accompanied by a photo expertise issued by the artist.

PROVENANCE: Galerie Löhrl, Mönchengladbach.
Private collection North Rhine-Westphalia.

"The color that suits fire the most is red."
Quote after: Otto Piene. Zero: Works from 1957-1966, p. 26.


Buyer's premium, taxation and resale right apportionment for Otto Piene "Feuergouache"
This lot can be purchased subject to differential 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.