Sale: 513 / Post War / Contemporary Art II, Dec. 11. 2020 in Munich Lot 40

 
40
Emil Schumacher
G-24/1959, 1959.
Oil and sand on canvas
Estimate:
€ 20,000 - 30,000

 
$ 23,400 - 35,100

+
Lot description
G-24/1959. 1959.
Oil and sand on canvas.
Signed and dated in lower right. 70 x 50 cm (27.5 x 19.6 in).

• Acquired from the artist the year it was made.
• Pastose work with a haptical appeal.
• Color and matter with a relief-like appeal are characteristic of Emil Schumacher's oeuvre
.

We are grateful to Dr. Ulrich Schumacher, Emil Schumacher Foundation Hagen, for the kind expert advice. The work is registered at the archive with the number 0/2.697 and will be included into the forthcoming catalog raisonné.

PROVENANCE: Private collection Rhineland (acquired directly from the artist in 1959).

Called up: December 11, 2020 - ca. 14.39 h +/- 20 min.

 


Buyer's premium, taxation and resale right apportionment for Emil Schumacher "G-24/1959"
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.