Sale: 534 / Contemporary Art Day Sale, Dec. 09. 2022 in Munich Lot 115

 

115
Andy Warhol
Brooklyn Bridge, 1983.
Silkscreen in colors
Estimate:
€ 18,000 - 24,000

 
$ 17,820 - 23,760

+
Brooklyn Bridge. 1983.
Silkscreen in colors.
Feldmann/Schellmann/Defendi II. 290. Signed and numbered. With the copyright stamp on the reverse. From an edition of 200 copies. On Lenox museum board. 100 x 100 cm (39.3 x 39.3 in), the full sheet.
Printed by Rupert Jasen Smith, New York (with the blindstamp). Published by Brooklyn Bridge Centennial Commission, New York. [KT].
• Warhol stages the New York landmark in his characteristic technique.
• Made on occassion of the Brooklyn Bridge's 100th birthday.
• Warhol is a pop art icon and pays homage to his hometown with this work.
• His rise to fame as one of the world's most famous artists began in his New York Factory in the 1960s
.

PROVENANCE: Dyansen Gallery, New York.
Private collection Bavaria (obtained from family ownership in 2021).

Called up: December 9, 2022 - ca. 13.50 h +/- 20 min.




 

Buyer's premium, taxation and resale right compensation for Andy Warhol "Brooklyn Bridge"
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.