Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 165


165
William N. Copley
Maltese Falcon, 1973.
Acrylic on canvas
Estimate:
€ 90,000 - 120,000

 
$ 96,300 - 128,400

+
Maltese Falcon. 1973.
Acrylic on canvas.
Lower right signed "cply" and dated. Titled on the stretcher. 114.5 x 147.5 cm (45 x 58 in).


• From the celebrated “X-rated” (1972-1975) series, in which Copley combined erotic motifs with the titles of classic Hollywood movies and plays.
• Part of the seminal “X-Rated” exhibition at the New York Cultural Center in 1974, a key event in Copley's career.
• Paintings from the series are at, among others, the Whitney Museum of American Art, New York, the Stedelijk Museum, Amsterdam, and the Collezione Prada, Milan.
• In 1972, two years before this work was made, Copley participated in the Kassel documenta for the first time
.

This work is registered with the William N. Copley Estate, New York. We are grateful to Anthony Atlas for his kind support in cataloging this lot.

PROVENANCE: Paul Kasmin Gallery, New York (with the gallery label on the stretcher).
Olbricht Collection, Essen/Berlin (acquired from the above in 2010).

EXHIBITION: CPLY/X-Rated. An Exhibition of New Paintings and Drawings, New York Cultural Center in collaboration with Fairleigh Dickinson University, New York, March 22 - May 19, 1974 (with the typographically inscribed exhibition label on the reverse).
William N. Copley. X-Rated, Paul Kasmin Gallery, New York, November 6 - December 11, 2010, p. 53 (illu.).
X-RATED mit William N. Copley und Andreas Slominski, me Collectors Room, Berlin, January 30 - May 8, 2011.
William N. Copley, Fondazione Prada, Milan, October 20, 2016 - January 8, 2017, p. 206, cat. no. 418 (ill.).

Called up: June 7, 2024 - ca. 14.59 h +/- 20 min.





Buyer's premium, taxation and resale right compensation for William N. Copley "Maltese Falcon"
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.