Sale: 534 / Contemporary Art Day Sale, Dec. 09. 2022 in Munich Lot 104

 

104
Hermann Nitsch
Schüttbild, 1999.
Blood and Oil on hessian
Estimate:
€ 35,000 - 45,000

 
$ 34,650 - 44,550

+
Schüttbild. 1999.
Blood and Oil on hessian.
Signed and dated on the reverse. 100 x 80 cm (39.3 x 31.4 in).
[AR].
• This is one of the action artist's Hermann Nitsch famous "Schüttbilder" (Pour Pictures).
• The color red dominates, coalesceing with the red blood on the jute, it symbolically stands for life and death.
• Other "Schüttbilder" are in international museums like the Museum of Modern Art, New York, the Tate Collection and the Albertina in Vienna
• The artist participated in the important documenta 5 (1972) under Harald Szeemann, as well as in documenta 7 (1982) in Kassel
.

PROVENANCE: Private collection Southern Germany.

Called up: December 9, 2022 - ca. 13.35 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Hermann Nitsch "Schüttbild"
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.