Sale: 524 / Post War / Contemporary Art II, Dec. 10. 2021 in Munich Lot 97

 

97
SEO (d. i. Seo Soo-Kyoung)
Studie II, 2005.
Acrylic and paper collage on canvas
Estimate:
€ 15,000 - 20,000

 
$ 17,400 - 23,200

+
Studie II. 2005.
Acrylic and paper collage on canvas.
Signed, dated, titled and inscribed with the dimensions "80 x 120 cm“ on the reverse. 80 x 119.5 cm (31.4 x 47 in).
[AR].
• In her gaudy color worlds the former master student of Georg Baselitz often combines Asian and European elements.
• The special collage technique makes for unique structures and effects.
• Works by the artist are sought-after around the world and can be found in important collections like the Museum of Modern Art, New York
.

PROVENANCE: Von Lintel Gallery, Los Angeles (with a label on the reverse).
George Hartman and Arlene Goldman Fine Art Collection, USA (with a label on the reverse).

Called up: December 10, 2021 - ca. 16.38 h +/- 20 min.




 

Buyer's premium, taxation and resale right apportionment for SEO (d. i. Seo Soo-Kyoung) "Studie II"
This lot can be purchased subject to differential or regular taxation.

Differential taxation:
Hammer price up to 500,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 2,500,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 500,000 €: herefrom 25 % premium.
The share of the hammer price exceeding 500,000 € is subject to a premium of 20% and is added to the premium of the share of the hammer price up to 500,000 €.
The share of the hammer price exceeding 2,500,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 2,500,000 €.
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.

Resale right apportionment:
In accordance with §26 of German Copyright Act, a droit de suite charge of 2.4% including VAT is levied for original artworks and photographs for the compensation of the statutory right of resale.