Sale: 503 / Post War / Contemporary Art II, July 17. 2020 in Munich Lot 79

 
79
Karel Appel
Palet, 1960.
Oil on panel, firmly mounted on panel covered w...
Estimate:
€ 14,000 - 18,000

 
$ 15,960 - 20,520

+
Lot description
Palet. 1960.
Oil on panel, firmly mounted on panel covered with canvas.
Signed in lower left. 103 x 70 cm (40.5 x 27.5 in).
With a photo expertise from Jan Nieuwenhuizen Segaar, The Hague, from March 18, 1988, and with a copy of a confirmation of the expertise by Jan Nieuwenhuizen Segaar, The Hague, from March 18, 1996 .
• Abstract work characterized by strong gesture and bright colors
• Unusual format
.

PROVENANCE: Private collection Heidelberg.
Private collection Baden-Württemberg.

Called up: July 17, 2020 - ca. 14.18 h +/- 20 min.

Essay
"When I paint its all about the moment from which everything is born. The moment is everything. Neither past not future matter. There are no rules, nothing has to be suppressed or destroyed.“ (Karel Appel, 1979, quote from: Karel Appel, ex. cat. Galerie Beyeler, Zürich 1988).
 


Buyer's premium, taxation and resale right apportionment for Karel Appel "Palet"
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 2.4% including statutory sales tax.