Sale: 541 / Contemporary Art Day Sale, June 09. 2023 in Munich Lot 130

 

130
Emil Schumacher
Abakir, 1965.
Oil on canvas
Estimate:
€ 40,000 - 60,000

 
$ 44,000 - 66,000

+
Abakir. 1965.
Oil on canvas.
Signed and dated in bottom center (scratched into the wet paint). Signed and titled on the reverse. 70 x 50 cm (27.5 x 19.6 in).

• Red is not just a color for Emil Schumacher, it is a red, tangible material.
• Profound work by one of the most important protagonists of German Informalism.
• The artist participated in documenta II, III and 6 in Kassel in 1959, 1964 and 1977
.

The work is registered in the archive with the number 0/2 and will be included into the forthcoming catalogue raisonné.

PROVENANCE: Galerie Alice Pauli, Lausanne (with a label on the reverse).
Private collection Carsten and Charlotte Grodtmann, Switzerland (acquired in 1971, ever since family-owned).

EXHIBITION: Galerie Alice Pauli, Lausanne.

Called up: June 9, 2023 - ca. 13.40 h +/- 20 min.

Emil Schumacher's paintings are characterized by painting with the material. He immerses himself in the paint, changes its consistency to an earthy tone and uses it to model the pictorial form. Several layers of red-orange penetrate a volcanic black. In doing so, he embarks on a creative path that will ultimately lead to the rigorous activism of the "hammer pictures" and the destruction and damage of the image carrier. In his works from the mid-1960s, Emil Schumacher abolished the dualism of ground and painterly form, he displaces the compositional structure in favor of a homogeneous layer of paint. The canvas gains in plasticity through brute surface treatment, here with a deep, wide furrow around the central red. Color no longer has a purely color-giving function, but receives a dynamic that speaks for itself through the immanent materiality. [EH]



 

Buyer's premium, taxation and resale right compensation for Emil Schumacher "Abakir"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.

Differential taxation:
Hammer price up to 800,000 €: herefrom 32 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 27 % and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 22 % and is added to the premium of the share of the hammer price up to 4,000,000 €.
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer price up to 800,000 €: herefrom 27 % premium.
The share of the hammer price exceeding 800,000 € is subject to a premium of 21% and is added to the premium of the share of the hammer price up to 800,000 €.
The share of the hammer price exceeding 4,000,000 € is subject to a premium of 15% and is added to the premium of the share of the hammer price up to 4,000,000 €.
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.

Calculation of artist‘s resale right compensation:
For works by living artists, or by artists who died less than 70 years ago, a artist‘s resale right compensation is levied in accordance with Section 26 UrhG:
4 % of hammer price from 400.00 euros up to 50,000 euros,
another 3 % of the hammer price from 50,000.01 to 200,000 euros,
another 1 % for the part of the sales proceeds from 200,000.01 to 350,000 euros,
another 0.5 % for the part of the sale proceeds from 350,000.01 to 500,000 euros and
another 0.25 % of the hammer price over 500,000 euros.
The maximum total of the resale right fee is EUR 12,500.

The artist‘s resale right compensation is VAT-exempt.