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Sale: 489 / Evening Sale, June 07. 2019 in Munich Lot 157

 
Lot description
Le Vase de Lyon. 1972.
Collage on canvas, laminated on board.
Signed in lower right. Verso with a gallery label, typographically inscribed with the artist's name, date, title as well as with dimensions and technique. 50 x 39.7 cm (19.6 x 15.6 in) . [CH].

This work will be included into the forthcoming catalog raisonné of Max Ernst's paintings.

PROVENANCE: Galleria Iolas, Milan.
Galleria Il Fauno, Milan (verso with the gallery label).
Private collection Italy.
Private collection Belgium.
Former Private collection Rhineland.

LITERATURE: Christie's, London, 5813. Auction of Impressionist and Modern Art. Paintings, Watercolors and Sculpture, June 24 1997, lot 254 (with color illu.).
Kunsthaus Lempertz, Cologne, Auction 905, Modern Art, June 2, 2007, lot 598.
"The collage technique is the systematic exploitation of the coincidental or artistically provoked encounter of two or more realities foreign to our nature on an apparently suitable level - and the spark of poetry that prompts the harmonization of these realities."
Max Ernst, in: Max Ernst, Biografische Notizen. Wahrheitsgewebe und Lügengewebe, in: ex. cat. Max Ernst, Wallraf-Richartz-Museum, Cologne et al 1962/1963.

157
Max Ernst
Le Vase de Lyon, 1972.
Collage
Post auction sale: € 110,000 / $ 124,300
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Buyer's premium, taxation and resale right apportionment for Max Ernst "Le Vase de Lyon"
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.
Max Ernst - lots sold by Ketterer Kunst