Lot 503.25
503.25
Erich Heckel
Tulpen in grünem Glas, 1957.
Watercolor over pencil
Post auction sale: € 8,000 / $ 8,400
Tulpen in grünem Glas. 1957.
Watercolor over pencil.
Signed and dated in lower right. On mold-made paper by Ingres (with the watermark). 62 x 48 cm (24.4 x 18.8 in), the full sheet. [EH].
• Bright, warm and cheerful colors.
• With the open door in the background, the seemingly ordinary motif gains in formal and intellectual complexity.
• From 1933 onward, Erich Heckel faced increasing repression under the National Socialist regime.
• As part of the "Degenerate Art" campaign, almost 800 of his works were confiscated from German museums, many were destroyed.
The work is registered in the Erich Heckel Estate, Hemmenhofen on lake Constance. We are grateful to Mrs Renate Ebner for her kind support in cataloging this lot.
PROVENANCE: Private collection Berlin, (gifted from the artist, ever since family-owned).
Watercolor over pencil.
Signed and dated in lower right. On mold-made paper by Ingres (with the watermark). 62 x 48 cm (24.4 x 18.8 in), the full sheet. [EH].
• Bright, warm and cheerful colors.
• With the open door in the background, the seemingly ordinary motif gains in formal and intellectual complexity.
• From 1933 onward, Erich Heckel faced increasing repression under the National Socialist regime.
• As part of the "Degenerate Art" campaign, almost 800 of his works were confiscated from German museums, many were destroyed.
The work is registered in the Erich Heckel Estate, Hemmenhofen on lake Constance. We are grateful to Mrs Renate Ebner for her kind support in cataloging this lot.
PROVENANCE: Private collection Berlin, (gifted from the artist, ever since family-owned).
503.25
Erich Heckel
Tulpen in grünem Glas, 1957.
Watercolor over pencil
Post auction sale: € 8,000 / $ 8,400
Buyer's premium, taxation and resale right compensation for Erich Heckel "Tulpen in grünem Glas"
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.
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.