Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 156

 

156
Arnulf Rainer
Blau graviert (Frauensprache), 1977/1986.
Oil on a photo, mounted on wood in the original...
Estimate:
€ 20,000 - 30,000

 
$ 21,400 - 32,100

+
Blau graviert (Frauensprache). 1977/ 1986.
Oil on a photo, mounted on wood in the original frame.
Lower left monogrammed, signed and dated. Dated and titled on the reverse. 48.5 x 59.5 cm (19 x 23.4 in).

• From the cycle: Frauenssprache (Female Language), in which he works over nude photographs.
• Reworking photographs is a key element of his oeuvre.
• Works from this cycle were shown in the exhibition "Arnulf Rainer. Female" at the Museum der Moderne Salzburg in 2010.
• Arnulf Rainer represented Austria at the Venice Biennale in 1978 and 1980.
• Arnulf Rainer is recognized as the founder of Austrian post-war art, his over-paintings are in many renowned collections, among them the Tate Collection, London
.

PROVENANCE: Private collection USA.

EXHIBITION: Arnulf Rainder. Bilder aus fünf Jahrzehnten, Galerie Ulysses, Vienna, October 18 - November 22, 2006 (with a label on the reverse).

Called up: June 7, 2024 - ca. 14.47 h +/- 20 min.




156
Arnulf Rainer
Blau graviert (Frauensprache), 1977/1986.
Oil on a photo, mounted on wood in the original...
Estimate:
€ 20,000 - 30,000

 
$ 21,400 - 32,100

+

 

Buyer's premium, taxation and resale right compensation for Arnulf Rainer "Blau graviert (Frauensprache)"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) 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.