Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 166


166
Andy Warhol
Cologne Cathedral, 1985.
Silkscreen in colors with "diamond dust"
Estimate:
€ 15,000 - 20,000

 
$ 16,050 - 21,400

+
Cologne Cathedral. 1985.
Silkscreen in colors with "diamond dust".
Signed and numbered. From an dition of 60 copies. On Lenox museum cardboard. 100 x 80 cm (39.3 x 31.4 in), the full sheet.
Sheet 1 from the portfolio of the same name with a total of 4 color silkscreens. Printed by Rupert Jasen Smith, New York (with the blindstamp). Published by Hermann Wünsche, Bonn (with teh stamp on the reverse). [SM].
• Family-owned since it was made.
• Warhol stages Cologne's landmark in his characteristic formal language and colors.
• With "diamond dust"
.

PROVENANCE: Galerie Vorburg, Königswinter.
Private collection North Rhine-Westphalia (since 1985, acquired from the above)
Private collection Bavaria (inherited from teh above).

LITERATURE: Frayda Feldman, Jörg Schellmann, Claudia Defendi. Andy Warhol Prints. A catalogue raisonné 1962-1987, New York 2003, no. II. 361.

Called up: June 7, 2024 - ca. 15.00 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for Andy Warhol "Cologne Cathedral"
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.