Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 203


203
Rémy Zaugg
Neue Bilder 12a, 1996/1998.
Mixed media. Lacquer and silkscreen on aluminum
Estimate:
€ 20,000 - 30,000

 
$ 21,400 - 32,100

+
Neue Bilder 12a. 1996/1998.
Mixed media. Lacquer and silkscreen on aluminum.
Signed, dated, titled and inscribed on the reverse. 178 x 158 cm (70 x 62.2 in).
[SM].
• Rémy Zaugg is one of the most important Swiss artists of the 20th century.
• His works featured in the Biennale de Paris and documenta 7.
• Zaugg's art addresses profound reflections on our perception of the world.
• The typographic paintings, in which words become images, are among the key works in his oeuvre
.

PROVENANCE: Private collection Switzerland (since 2013, directly from the estate).

"In the 20th century, I can no longer explain to people how to make a picture. I can, however, explain how to perceive a picture.“
Rémy Zaugg, quoted from: www.mgksiegen.de

Called up: June 7, 2024 - ca. 15.50 h +/- 20 min.




203
Rémy Zaugg
Neue Bilder 12a, 1996/1998.
Mixed media. Lacquer and silkscreen on aluminum
Estimate:
€ 20,000 - 30,000

 
$ 21,400 - 32,100

+


Buyer's premium, taxation and resale right compensation for Rémy Zaugg "Neue Bilder 12a"
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.