Sale: 550 / Evening Sale, June 07. 2024 in Munich Lot 70


70
Cindy Sherman
Untitled # 551, 2010/2012.
Color photograph
Estimate:
€ 140,000 - 180,000

 
$ 149,800 - 192,600

+
Untitled # 551. 2010/2012.
Color photograph.
Signed, dated and numbered on the reverse. From an edition of 6 copies. 161.3 x 302.3 cm (63.5 x 119 in), in the original frame.

• Antifashion: In “Untitled # 551”, Sherman deconstructs the hedonism of the modern world of fashion and luxury.
• This is one of the largest photographs by the "Queen of Self-Portrait" (New York Times, 2012) on the international auction market.
• Sherman's creations question role models and ideals shaped by the media using alienation and decontextualization.
• Part of the Olbricht Collection, Essen/Berlin, since its creation.
• In 2012, the Museum of Modern Art, in New York, showed the major exhibition "Cindy Sherman. A Retrospective" with, among others, works from this key creative phase.
• Represented by Hauser & Wirth, New York, and Gagosian, New York
.

PROVENANCE: Metro Pictures, New York (with the label on the reverse).
Olbricht Collection Essen/Berlin (acquired fromt the above in 2012).

EXHIBITION: Art Basel, Basel 2012, hall 2.1, Metro Pictures, New York
Women in Art - selected from the Olbricht Collection, Ketterer Kunst Berlin, September 7 - November 11, 2023.

Called up: June 7, 2024 - ca. 19.18 h +/- 20 min.

photographer and model of her captivating creations in one. Meticulously conceived, she always captures the most subtle nuances of expression on her highly malleable face and uses the self-timer to turn them into the actual protagonists of her poetically enraptured creations. In "Untitled # 551", her present yet strangely remote face is in an odd disbalance with the extravagant beaded dress from Chanel’s 2010 line. The contrast between her splendid attire and the tenuous turban above a naked face creates captivating visual tension. It is also the protagonist's calm but steady gaze at the viewer that inevitably casts a spell over us, whereas a second glance reveals that this person is in an unsettling relationship with her surroundings. The moss-covered riverbed in the background appears to be destroyed, thus Sherman created a compelling tension through calculated dissonance. At the center of this impressive series of works, which includes the present work and featured in exhibitions at the Gagosian Gallery in 2012 and also in parts in the grand retrospective at the Museum of Modern Art in New York the same year, are lavishly dressed female figures in vast and barren landscapes. This contrast between face and dress, character and presentation, foreground and background, a world of luxury, and a nature that is out of balance are the common elements of all the works in this series. In these backdrop-like productions, Sherman questions the consumerist hedonism of the contemporary world of fashion and luxury and the social ideals that come with it. In her outstanding photographic oeuvre, Sherman explores the most diverse role models and ideals, from the broken adolescent to the suburban housewife to the Renaissance aristocrat, repeatedly questioning the inexhaustible range of social manifestations and psychological spaces women have claimed for themselves or have been assigned to by society. Time and again, she impressively deciphers social conventions. In "Untitled # 551", Sherman confronts us with our often dubious ideals of beauty and femininity. [JS]




Buyer's premium, taxation and resale right compensation for Cindy Sherman "Untitled # 551"
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.