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Sale: 470 / Post War I, June 09. 2018 in Munich Lot 851

Lot description
Ohne Titel (Faltung). 1970 s.
Dispersion on cotton.
Signed and dated "54" lower left. Verso of folded canvas once more signed. 132 x 101 cm (51.9 x 39.7 in).
Accompanied by a photo expertise from Mrs Emmy de Martelaere, Paris, dated February 6, 2016. The work is registered at the Archive Herbert Zangs with the nummer A.2135. The artist dated the work "54", according to Mrs de Martelaere it was made in the 1970s when the artist rediscovered and continued the series.

PROVENANCE: Formerly Galerie Ehrensberger, Zürich.

Herbert Zangs
Ohne Titel (Faltung), 1970.
Post auction sale: € 29,000 / $ 34,800

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Buyer's premium, taxation and resale right apportionment for Herbert Zangs "Ohne Titel (Faltung)"
This lot can be subjected to differential taxation plus a 7% import tax levy (saving approx. 5 % compared to regular taxation) or regular taxation.

Differential taxation:
Hammer prices up to € 500,000: 32 % buyer's premium
Hammer prices above € 500,000: for the share up to € 500,000: 32%, for the share above € 500,000: 27% buyer's premium
The buyer's premium contains VAT, however, it is not shown.

Regular taxation:
Hammer prices up to € 500,000: 25 % buyer's premium plus statutory sales tax Hammer prices above € 500,000: for the share up to € 500,000: 25%, for the share above € 500.000: 20% buyer's premium, each plus statutory sales tax

We kindly ask you to notify us before invoicing if you wish to be subject to regular taxation.

Resale right apportionment:
Objects made by artists who have not died at least 70 years ago are subject to a resale right apportionment of 1.5% plus statutory sales tax.
Herbert Zangs - lots sold by Ketterer Kunst