Sale: 548 / Contemporary Art Day Sale, Dec. 08. 2023 in Munich Lot 233


233
Katharina Grosse
Ohne Titel, 2006.
Acrylic on panel, Styrofoam, foamed polyurethan...
Estimate:
€ 70,000 - 90,000

 
$ 73,500 - 94,500

+
Ohne Titel. 2006.
Acrylic on panel, Styrofoam, foamed polyurethane in hemispherical shape with wall mounting arm.
Diameter: 145 cm (57 in).
[SM].

• An expansive color body in Grosse's characteristic pictorial language.
• The color pigments are finely diluted and applied in large glazing superimposed color fields, resulting in a fascinating world of color with a physical presence.
• The use of iridescent metallic colors creates particularly attractive material aesthetics
.

PROVENANCE: Galerie Nächst St. Stephan, Vienna.
Private collection Switzerland (since 2009, acquired from the above).

"In art history, the drawing, the idea, has long been valued more highly than the coloring. [..] I argue exactly the opposite, as great achievements have been made in the field of color over the past 100 years. Color stands for the possibility of transformation, of changing over and over again without much effort."
Katharina Grosse in an interview with Susanne Schreiber and Peter Brors, Handelsblatt online, September 2, 2021.

Called up: December 8, 2023 - ca. 15.57 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Katharina Grosse "Ohne Titel"
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.