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Sale: 467 / Post War II, June 08. 2018 in Munich Lot 309

Lot description
Feuergouache. 1962.
Mixed media . Gouache, pigment, fixative and fire.
Signed and dated in lower right. On firm creme wove paper. 39 x 53.2 cm (15.3 x 20.9 in) , size of sheet.

Aesthetically convincing fire gouache from the best "ZERO" days with an interesting provenance.
Accompanied by a photo expertise from Otto Piene, Cambridge, January 31, 1985.

PROVENANCE: Galerie Rottloff, Karlsruhe.
Collection Helmut Dudé, Basel.
Private collection Italy.

EXHIBITION: ZERO International, Museé d'Art Moderne et d'Art Contemporain, Nice April 11 - June 8, 1998 (verso of frame with an exhibition label).
Piene. Fauna und Flora. Ölbilder und Gouachen, Galerie Schmela, Düsseldorf 1962.

Otto Piene
Feuergouache, 1962.
Mixed media
Post auction sale: € 14,000 / $ 16,800

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Buyer's premium, taxation and resale right apportionment for Otto Piene "Feuergouache"
This lot can be purchased subject to differential 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.
Otto Piene - lots sold by Ketterer Kunst