Sale: 553 / Contemporary Day Sale, June 07. 2024 in Munich Lot 163


163
Andy Warhol
Beethoven, 1987.
Silkscreen in colors
Estimate:
€ 50,000 - 70,000

 
$ 53,500 - 74,900

+
Beethoven. 1987.
Silkscreen in colors.
With the stamped certificate of the Andy Warhol Estate on the reverse, there numbered by a hand other than that of the artist and signed by printer, publisher and estate administrator. One of 15 artist proofs aside from the edition. On firm cardboard. 101.6 x 101.6 cm (40 x 40 in), nearly the full sheet.
Printed by Rupert Jasen Smith, New York (with the blindstamp). Published by Hermann Wünsche, Bonn. [EH].

• Made shortly before Andy Warhol's death.
Beethoven - Andy Warhol's unique portrait of an icon of classical music.
• Warhol's eye-catching and striking creations are the acme of American Pop Art.
• Privately-owned for over 30 years
.

PROVENANCE: Galerie Wünsche, Cologne
Private collection Brandenburg (acquired from the above in 1992).

LITERATURE: Frayda Feldman, Jörg Schellmann, Claudia Defendi. Andy Warhol Prints. A catalogue raisonné 1962-1987, New York 2003, WVZ Nr. II 392.

Called up: June 7, 2024 - ca. 14.56 h +/- 20 min.





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