Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 205


205
Rosemarie Trockel
Woolmark, 1991.
Carpet
Estimate:
€ 50,000 - 70,000

 
$ 53,500 - 74,900

+
Woolmark. 1991.
Carpet.
Signed, numbered and inscribed “WOOL” on an accompanying piece of fabric. From an edition of 15 copies. 260 x 182 cm (102.3 x 71.6 in).
[AR].

Woolmark, the repeated presentation of a commercial seal of quality.
• Rosemarie Trockel's use of wool is a commentary on the male-dominated art world: She uses the material with a traditional female connotation to create machine-produced art and not needlework.
• She made first wool works that would earn her international acclaim as early as in 1984.
• The Museum of Modern Art in New York devoted an exhibition to her as early as in 1988, while the museum's collection includes one of her “knitted pictures” from 1987.
• To this day, Trockel is one of the most important conceptual artists
.

PROVENANCE: Private collection Baden-Württemberg.
Private collection Southern Germany.

Called up: June 7, 2024 - ca. 15.52 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Rosemarie Trockel "Woolmark"
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.