Sale: 524 / Post War / Contemporary Art II, Dec. 10. 2021 in Munich Lot 61

 

61
Andy Warhol
Stamped Gold Collage, 1957.
Collage of gold-colored scraps on wove paper
Post auction sale: € 40,000 / $ 45,200
+
Stamped Gold Collage. 1957.
Collage of gold-colored scraps on wove paper.
With the estate stamp and the stamp of the Andy Warhol Foundation for the Visual Arts, New York, as well as the hand-written inscription "AR 291.002" on the reverse. 55 x 34 cm (21.6 x 13.3 in), size of sheet. [EH].

• Early collage, in which Warhol pays homage to kitsch.
• From the artist's estate.
• In the late 1950s Andy Warhol created Christmas cards for Tiffany
.

PROVENANCE: Private collection London (until 2016).
Swiss collection.




61
Andy Warhol
Stamped Gold Collage, 1957.
Collage of gold-colored scraps on wove paper
Post auction sale: € 40,000 / $ 45,200
+

 

Buyer's premium, taxation and resale right apportionment for Andy Warhol "Stamped Gold Collage"
This lot can only be purchased subject to regular taxation.

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.

Resale right apportionment:
In accordance with §26 of German Copyright Act, a droit de suite charge of 2% plus statutory sales tax is levied for original artworks and photographs for the compensation of the statutory right of resale.