Sale: 534 / Contemporary Art Day Sale, Dec. 09. 2022 in Munich Lot 124

 

124
Yoshitomo Nara
Walk on, 2010.
Woodcut in colors
Estimate:
€ 30,000 - 40,000

 
$ 29,700 - 39,600

+
Walk on. 2010.
Woodcut in colors.
Miyamura/Suzuki E-2010-012. Signed, dated and numbered. From an edition of 50 copies. On Japon. 29.4 x 27.7 cm (11.5 x 10.9 in). Sheet: 42 x 29,5 cm (16,5 x 11,6 in).
Printed by Pace Prints, New York. [AR].
• The Japanese artists creates works with a high recognition value.
• He masterly depicts ambivalent moods, as this cute, angry somnambulistic girl shows.
• Japanese manga and anime, as well as Western pop culture and rock music exert greta influence on Yoshitomo Nara's creation
• This is the first time that one of his color woodcuts is offered on the German auction market (source: artprice.com)
.

PROVENANCE: Private collection Southern Germany.

Called up: December 9, 2022 - ca. 14.02 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Yoshitomo Nara "Walk on"
This lot can be purchased subject to differential or regular taxation, artist‘s resale right compensation is due.

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.

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.